Why There Is Need For Deregulation Of Utilities

Why There Is Need For Deregulation Of Utilities

Monopoly of companies has played a vital role in restricting customers to seek services from only one company. The most common of these services is electric supply. In the event that government policies are restructured, customers will be at full benefit of deregulation of utilities especially in power supply. This means that, the utility may still own the entire infrastructure, but other electricity providers may still be able to buy and sell electricity to the customer directly.

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