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Government entities of New Ingerland
A crown monopoly are a type of crown corporation in New Ingerland.
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 Ingerland. 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
New Ingerland's six crown monopolies are:
- New Ingerland Post Office
- New Ingerland Railways Corporation
- Petroleum Corporation
- Telecommunications Infrastructure Corporation
- Water Corporation
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.