Crown monopoly
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Crown monopoly |
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This article is part of the series: Government entities of New Ingrea |
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A crown monopoly are a type of crown corporation in New Ingrea.
Function and role
Unlike the similar crown enterprises, crown monopolies operate in a market where there is no direct public or private competition. There are just six crown monopolies operating in New Ingrea. Generally, crown monopolies are established by statute and must conform to the operate in the utility sector, such as electricity, petroleum, communications, transport, and water.
List of crown monopolies
Current monopolies
New Ingrea's six crown monopolies are:
- Post Office of New Ingrea
- New Ingrean Railways
- Petroleum Corporation
- PowerGrid
- Telecom New Ingrea
- Water Corporation
Former monopolies
Former monopolies include:
References and notes
- ↑ The Electricity Corporation was broken up in 2003, with it's functions split between a new distribution monopoly in PowerGrid, and three electricity generating Crown enterprises. The corporation was formally dissolved on the 31 December 2003.