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Nationwide data from the U.S. Energy Information Administration [7] shows that Texas's electric prices did rise above the national average immediately after deregulation from 2003 to 2009, but from 2010 to 2015, prices dropped significantly below the national average price, with a total cost of $0.0863 per kWh in Texas in 2015 vs. $0.1042 ...
CenterPoint Energy, Inc. is an American utility company based in Houston, Texas, that provides electric and natural gas utility to customers in several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas.
Now, however, the FTC’s suit indicates the government believes even smaller buyouts, such as a roll-up of physician practices in a city, a state or a region, can give companies monopoly power ...
On April 6, 2011, Qwest was acquired by CenturyLink (now Lumen Technologies), an independent telephone provider, [22] bringing Qwest Corporation (originally Mountain Bell), Northwestern Bell, and Pacific Northwest Bell under its control. While based in San Antonio, Texas, since 1992, AT&T Inc. moved its headquarters to Dallas by the end of 2008 ...
Texas Attorney General Ken Paxton is joining the U.S. Justice Department and other states in a lawsuit against Live Nation Entertainment. ... The companies said a 1.4% annual profit reflects the ...
Boasting 57 Fortune 500 companies, this is the first time since 2014 that the Golden State has topped the list, according to Fortune. Texas and New York tie for second, both with 52 companies.
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
In-depth analysis of the market and industry is needed for a court to judge whether the market is monopolized. If a company acquires its monopoly by using business acumen, innovation and superior products, it is regarded to be legal; if a firm achieves monopoly through predatory or exclusionary acts, then it leads to anti-trust concern.