Utah is only other US state to have similar restrictions. Besides, the grant of licenses is regulated by the government based on county populations. Only stores licensed by the Board, called ‘state stores’, are allowed to sell alcoholic beverages. executives run out of town for operating what is one of the largest consumer banks in the. Common examples of markets with natural monopolies include water and electricity distribution within a municipality. Pennsylvania Liquor RegulationsĪfter the end of alcohol prohibition in 1933, the US state of Pennsylvania relegated the control of alcohol manufacture, possession, and sale to an independent government agency, called the Pennsylvania Liquor Control Board. Other examples of the Democratic Party’s student loan mismanagement abound. Solar, batteries, smart generator sets, artificial intelligence, and software have become increasingly available to provide power service directly to homes and businesses. However, in 2014, the national government passed a bill seeking to draw private firms into coal mining sector. Coal India Limited is both, the world’s and India’s largest coal producer, contributing to more than 80% of annual coal production in the country. Indian Coal MiningĪfter achieving independence in 1947, coal mining in India was carried out by both, public and private enterprises, until 1973, when government decided to nationalize all private firms owing to their poor working conditions & economic losses. Examples of such government monopolies include the Saudi Arabian-owned oil company Aramco and the Venezuela-owned PDVSA. This is because, these countries depend to a large extent on oil exports for their annual revenue, and the industry requires high investment, which can only be provided by the national government. State-owned Petroleum CompaniesĬountries with substantial natural resources, like oil and natural gas, often monopolize these industries under the national government. Wikimedia Adam Kliczek Dive Brief: A group called Nevadans for Affordable, Clean Energy Choices has proposed an amendment to the state constitution that would allow customers to choose their. That’s why, in many countries like USA, these industries are under the government domain, controlled by public utility commissions which are located in its various states, like the Alabama Public Service Commission, the Delaware Public Service Commission, and so on. These utilities require an abundance of natural resources like gas deposits and very expensive infrastructure. Public utilities include the services which are essential for daily life, such as water, gas, and electricity supply. Nuclear energy is the fourth-largest source of electricity generation in the country. At present, private industries are not allowed to set up nuclear plants, and the entire nuclear domain is supervised by the Department of Atomic Energy, which reports to the prime minister. The nuclear sector in India is strictly monopolized by its union government. Taking the German example, the exit of nuclear energy as a successful policy is compared to the phase-out process of coal power to provide new insights on such.
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