
Monopoly has been a dirty word in the United States since the Sherman Antitrust Act of 1890. This fact, however, has not prevented the nation’s energy industry from being held down by the weight of power supply monopolies in each state. However, times are changing, deregulation is here and now in full swing in many states.
Regulators (and more importantly, consumers) have been keenly aware of the monopolies utilities have operated for decades...