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take a moment to collect the names of the entities that provide two essential utilities for your residence, and then analyze the market for each
take a moment to collect the names of the entities that provide two essential utilities for your residence, and then analyze the market for each of these two services.
Services websites
Internet:https://www.frontierinternet.com
Electric: https://www.eversource.com/content/ct-c
Be sure to address each of the following questions in your discussion response:
- Does the local government influence the operations of this business?
- How many (if any) suitable alternatives exist for this utility company?
- How much of the local market has this utility company commandeered?
- What barriers to entry exist for new companies looking to compete with this utility company?
- In your opinion, which market structure best describes the industry in which this utility company operates? Why?
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