单词 | public utility |
释义 | public utility The label given to the group of industries providing water, gas, and electricity to both domestic and business consumers. Such businesses are regarded as special partly because everybody needs their services, and partly because of economies of scale and the need to disturb both public and private property in operating their distribution networks. These industries are usually either in public ownership, or subject to some form of public regulation of their charges and conditions of supply. |
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