Review Article
Monopoly and competition in the energy market: A legal analysis
Author(s): Nima Norouzi, and Maryam Fani*
Competition law is mentioned as one of the effective factors in promoting the welfare and economic efficiency. But
in an economy, not all industries and parts of an industry may be able to accept competition; these industries are
known as “natural monopolies.” It is said that “energy,” which is considered a natural monopoly, must be completed
in the hands of the government. While examining the basic concepts, this article seeks to examine the issue of
whether the energy sector is competitive? And if the answer is yes, in which sectors of the industry are the mentioned
capabilities? Is it fundamentally correct to assume that the energy sector, especially electricity and gas, is a natural
monopoly? It can be said that although in the energy industry, the production of electricity or gas may be controlled
by the government or the private s.. View More»
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