Encyclopedia > Public utility

  Article Content

Public utility

A public utility is a company that maintains the infrastructure for a public good. Public utilities are generally regarded as natural monopolies.

In command economies, these functions are generally performed directly by the state.

In mixed economies, public utilities are usually tightly regulated by the state to avoid the adverse effects of monopolistic private enterprise.

In some poorer countries, these functions may not be available at all.

Examples of utilities are:

See also:



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Kings Park, New York

... York - Wikipedia <<Up     Contents Kings Park, New York Kings Park is a town located in Suffolk County, New York. As of the 2000 census, the town ...

 
 
 
This page was created in 71.1 ms