1. What possible advantages to the consumer could there be in (a) National Grid plc having a...
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1. What possible advantages to the consumer could there be in (a) National Grid plc having a monopoly over the operation of the national transmission system (NTS) and (b) British Gas (BG) regaining a monopoly in the supply of gas to domestic households?
2. What are the arguments for and against Ofgem regulating the price of gas supplied to domestic households?
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1 a i It avoids the duplication and hence increased costs if there were parallel pipelines owned by ...View the full answer
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Related Book For 
Essential Economics For Business
ISBN: 9781292728940
7th Edition
Authors: John Sloman, Elizabeth Jones
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