Japanese law requires regional monopoly companies like Tepco to provide power to everybody living anywhere — no matter how isolated or remote — within their region. While other companies are legally allowed to sell electricity to industrial users, competition has in reality been limited. In return for accepting the responsibility of providing a universal service, the regional power giants have enjoyed a virtual monopoly in their markets.
Japanese law requires regional monopoly companies like Tepco to provide power to everybody living anywhere — no matter how isolated or remote — within their region. While other companies are legally allowed to sell electricity to industrial users, competition has in reality been limited. In return for accepting the responsibility of providing a universal service, the regional power giants have enjoyed a virtual monopoly in their markets.
Japanese law requires regional monopoly companies like Tepco to provide power to everybody living anywhere — no matter how isolated or remote — within their region. While other companies are legally allowed to sell electricity to industrial users, competition has in reality been limited. In return for accepting the responsibility of providing a universal service, the regional power giants have enjoyed a virtual monopoly in their markets.
Japanese law requires regional monopoly companies like Tepco to provide power to everybody living anywhere — no matter how isolated or remote — within their region. While other companies are legally allowed to sell electricity to industrial users, competition has in reality been limited. In return for accepting the responsibility of providing a universal service, the regional power giants have enjoyed a virtual monopoly in their markets.