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
Springs, New York

... is 225.9/km² (584.8/mi²). There are 3,878 housing units at an average density of 177.0/km² (458.2/mi²). The racial makeup of the town is 89.82% ...

 
 
 
This page was created in 22.5 ms