Why do governments regulate natural monopolies?

To allow only certain consumers to have access to goods and services

To have access to the resources when national security is at risk

To prevent prices from rising too high and to increase efficiency

To prevent single suppliers from continuing to dominate a market

Question

Why do governments regulate natural monopolies?

 To allow only certain consumers to have access to goods and services

 To have access to the resources when national security is at risk

 To prevent prices from rising too high and to increase efficiency

 To prevent single suppliers from continuing to dominate a market

anonymous · Answer

Monopolies are when one company controls a particular resource or development of resource. The government steps in when monopolies appear b/c otherwise, if one company could control a resource, they could charge extravagant prices. :3 So it would be to prevent single suppliers from continuing to dominate a market.