Spatial monopoly and the U.S. electrical energy industry

Noel D. Uri

Energy, 1984, vol. 9, issue 11, 995-1003

Abstract: We examine the effectiveness of regulation in the electrical energy industry in the U.S. On the whole, the industry is not allowed to act as a spatial monopolist. It is not justifiable, however, to conclude that monopolistic tendencies are absent. In particular, the pricing structure departs from the competitive criterion, which requires price to equal the marginal cost of supplying electrical energy to a given consumer.

Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:9:y:1984:i:11:p:995-1003

DOI: 10.1016/0360-5442(84)90036-7

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