Why maynilad is a monopoly company?

Maynilad is considered a monopoly because it is the sole provider of water and wastewater services in the West Zone of Metro Manila, Philippines, under a concession agreement. This exclusivity means that no other company can compete in the same area, allowing Maynilad to control pricing and service quality without market pressures. Additionally, the infrastructure investments required for water supply and distribution create significant barriers to entry for potential competitors. As a result, consumers have limited choices for their water supply provider.