Why Eskom is an undesirable type of a market structure
Answers
: Eskom ia an undesirable type of market for the following reasons: Eskom is the South African electricity public utility run by the Government which is highly incompetent. It is a monopolistic organisation as a result new entrant are barred from entering into this sector.
Answer:
Explanation:
It is important to understand that when we talk about Eskom it is not exactly a very desirable market condition to say the least. One of the main reasons behind that is the fact that there is an ongoing rampant corruption which leads to the downfall of this market type.
A constant amount of interruption by politics has led to its downfall. The electricity bills were said to become quite expensive. any kind of illegal connections along with the squatter camps were blatantly ignored.