Are there laws against companies having a monopoly in NY?

bookluvr315

New member
I was just wondering because where I live there is only one cable company, one phone company, one electric company I thought there were supposed to be laws aginst this? if so where can I find info about them. thanks.
 
Electricity and cable are not illegal monopolies because they are heavily regulated by the government. While you do not get to personally choose your electric or cable company, your elected officials do. The main reason for lack of choice is that so much infrastructure is required that it doesn't make much sense for multiple companies setting up multiple infrastructures (imagine 13 different sets of power lines running through your neighborhood).

Some states have deregulated utilities, with mixed results. You may have heard of rolling blackouts here in California. The reason for that was deregulation of the state's electricity. Any company could own and sell power and power plants. A lot of out of state power companies bought our power plants, shut them down, and sold what little electricity was left to us at a high premium. Electricity was so scarce that we were faced with rolling blackouts, which fortunately didn't last long because people started conserving energy hardcore. Things have gotten more stable here, but we still get rolling blackout warnings during heat waves. So, in the case of electricity at least, a regulated monopoly is a much better option than a deregulated competition.
 
There are laws against monopolies in all states

There is only one cable company but many providers of subscription television, such as satalite tv.

The reason for only one cable company is that each cable company who existed in a market would have to run cables and wiring independent of the other companies which would be a mess. the way it works in most places is that cable companies bid on the right to service a certian area and they agree to be partially regulated by the government if they get the bid. this keeps down the amount of cable lines and such. but remember people always hae the choice of satalite so there is no true monopoly. The same thing happens with phone service

As for the electric company the same holds true plus allowing only one company reduces the cost of producing and they are more heavily regulated by the government because they are closer to a true monopoly.

Most of these services are called alogopolioes (spelling) which means there are not one single but only a few providers.

It seems wrong to do it this way but becuase of reasons beyond most peoples knowledge it is better this way
 
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