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has been short-circuiting

  • present perfect progressive
    of short-circuit (3rd person singular).
    short circuit
    noun
    an abnormal, usually unintentional condition of relatively low resistance between two points of different potential in a circuit, usually resulting in a flow of excess current.

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But so far, the radical shake-up of the $220 billion electricity industry has been short-circuiting.

From Time Magazine Archive