list any two characteristics of the market structure of electricity in South Africa
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Answer: The market structure that exists in the electricity sector in South Africa is Monopoly.
Explanation: The South African region is majorly covered by Eskom Holdings SOC Limited (Eskom), which is the leading electricity supplier in the region. It accounts for 95% of the electricity supply in the nation. The company had been in South Africa since 1980s and its domination continues to remain the same. Its time to allow other electricity suppliers to flourish in South Africa to end the monopoly of Eskom Holdings SOC Limited or Eskom.
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