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  • There is another option,
    State owned assets of natural monopolies, earning a steady but non-economically unsettling return, held in a Sovereign wealth fund.
    Examples would be the National (electricity) Grid, Gas pipelines, more upto date, the connecting cables that allow offshore wind turbine fields to access the National Grid.
    Would also add Water Companies.

  • I think that the inherent challenges in governance of state owned monopolies are yet to be overcome. The same holds true for government granted monpolies too. It can work well although there are few great examples to draw from either approach.

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