"public utility." YourDictionary, n.d. Web. 11 October 2018. <http://www.yourdictionary.com/public-utility>.
public utility. (n.d.). Retrieved October 11th, 2018, from http://www.yourdictionary.com/public-utility
public utility - Legal Definition
A company such as an
electric company or gas company, the nature of which is to be a monopoly in a
particular region. Because no free-market forces can exist in this situation,
governmental regulation of such companies is the norm.