So the completely monopolized industries in China are:
tap water, postal services, tobacco, salt, railways and so on.
It should be noted that it is wrong for many people to think that oil, telecommunications and banks are completely monopolized. These industries are not only attacked by one attacker, so they are all oligopoly and monopolistic competition.
The reasons for the formation of a complete monopoly market are:
First, technical reasons.
second, legal reasons. (such as coal, electric power, railway and other industries)
Third, natural monopoly, where manufacturers control the supply of raw materials necessary for the production of a certain product
Fourth, due to market economy
Complete monopoly can be divided into two types:
1. Complete monopoly by the government. Usually in the majority of public undertakings, such as state-owned railways, posts and telecommunications and other departments.
2. Private monopoly. For example, according to the franchise granted by the government, or according to the exclusive operation of patent production and the exclusive private monopoly established due to abundant capital and advanced technology.