A natural monopoly is a monopoly in an industry in which barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
A natural monopoly is a monopoly in an industry in which barriers to entry relative to the size of the market give the largest supplier in an industry. The largest supplier in an industry is often the first supplier in a market. The largest supplier in an industry the first supplier in a market is an overwhelming advantage over potential competitors. This is often.