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State monopoly
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== Disadvantages == Government monopolies have traditional risks of usual monopolies: * High prices can arise * Abuse of market dominance Furthermore, there are concerns that government-controlled entitles can be manipulated by political will. This can manifest through the allocation of resources for the purpose of political ends, rather than for the promotion of economic efficiency.<ref>{{Cite journal |last1=Seim |first1=Katja |last2=Waldfogel |first2=Joel |date=April 2013 |title=Public Monopoly and Economic Efficiency |journal=American Economic Review |volume=103 |issue=2 |pages=831β862|doi=10.1257/aer.103.2.831 |s2cid=53691574 |url=https://repository.upenn.edu/marketing_papers/418 }}</ref>
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