Should government create conditions of pure competition for all business? In your answer consider water companies, restaurants, and airlines.
For certain industries pure competiton is not rational. This is often true when the industry requires a large upfront investment, so the additional cost to serve an addition customer is neglible in comparison. Thus a company already established will be able to give customers a much better price than one that is trying to recoop the loss of the intitial investment. Water companies are a good example of this.
Furthermore "economy of scale" ...
Considerations related to governmental regulation of the marketplace