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The versatility of natural gas also contributes to its importance in the energy market. It is used not only for electricity generation but also for heating, industrial applications, and as a feedstock for the production of chemicals and fertilizers. This multifaceted role means that natural gas is deeply integrated into various sectors of the economy.
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Moreover, commercial regulators work diligently to promote fair competition among businesses. Monopolistic practices can stifle innovation and harm consumers, leading to higher prices and fewer choices. Regulators, therefore, monitor market practices to prevent monopolies and promote antitrust laws. By scrutinizing mergers and acquisitions, regulators can ensure that the competitive landscape remains vibrant and that no single entity becomes too powerful. This, in turn, benefits consumers by fostering more choices and better services.
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