Study On The Governmental Regulation Of The Natural Monopoly

Deregulation of natural monopoly industries and reforms on governmentalRegulation of natural monopoly have been international trends in westerncountriessince 1980s,which leads to introducing more market competition if necessary insome possible field and industries. Meanwhile, governmental regulation of naturalmonopoly industry has also transformed from sate-monopoly during the period ofthe planned economy to modem governmental regulation underthe marketeconomy.Although reforms on Chinese governmental regulation of naturalmonopolyindustries have made preliminary progresses, the governmental regulationsystem ofnatural monopoly industry keeps unchangeable. Traditional institutionsofministerial administration haven't made a fundamental transformation,whichdireetly results in heavily inefficiency of governmental regulation.Chinese governmental regulation of natural monopoly industries in is of muchMore particularity and complexity because of its inner developing logic and theintertexture of administrative-dominant monopoly and various interests. The lack ofinstitutions of property right, rule of law and developed law system is theinstitutional constraint of the development of the system of Chinese modernregulation. In particular, the lack of rule of law and institutions of property rightleads to inefficiency of regulation and institutional dependency during the course ofgovernmental regulationo Chinese governmental regulation of natural monopoly isexperiencing the transformation from ministerial administration of the plannedeconomy to modern governmental regulation of market economy. It should andmust go beyond "State as Homo economics" and turn to the modernization ofgovernmental system of governance.This article unify the theory of regulation with the identity of property and theidentity of property and status of the natural monopoly, on the base of inspectingthe domestic and foreign correlation theories and the practice, It adopts themethod that apply theory to reality, and use the management theory to analysesthe necessity and the realistic feasibility of the nature monopoly industry comprehensive: It also profits experience from the overseas, so that it can enlightenthe administration ways and means of our country, and renews the administrationidea, and try to achieves the moderate management; In view of the characteristic ofnature monopoly industry and the new change of the service, So implementingdifferent manage principle in specifically different industrial and the differentservice of the identical industrial; And perfect the government regulation under thesight of public department achievements, trying to reform the new mentality for thenature monopoly industry.