Because in a free market we see companies duplicate identical infrastructure and then compete in a race to the bottom on price, right? Because thats logical, right?
Fact is a lot of major projects are only viable if one company (or one group of companies) has sole access. This is why regulation exists as it ensures the small (and large players) dont get ripped off when there is a single service provider. The fact it is independently regulated means the major player cant throw around their weight and rip off the little guy. Other players can still enter the market and compete when it's regulated with a cap on revenue, they just have to undercut that cap to be competitive (which they would have to do in a free market anyway).
Perhaps you should understand how the regulation process works for utilities before simply posting about it being the end of the world as it disagrees with your personal ideologies...
SXY Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
