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Who would actually want to buy the NBN?, page-3

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moorookamick

23,958 Posts.

770

10/10/24

06:16

Post #: 76055457
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Originally posted by moorookamick: ↑

NBN is a monopoly so it has to be either State owned
or State regulated in pricing ....take your pick because
there is no competitive pricing mechanism to regulate price.
SOEs are designed as public services, not as profitable businesses..
eg: policing, armed forces, transport & communication infrastructure
etc etc etc.

There are over 2500 corporations listed on the ASX and hundreds
of thousands globally for punters to invest in.

We saw Medibank Private privatised which resulted in subsequent
enormous rise private health insurance premiums.

The purpose of Government is to ensure the General Good....not
the profits of a few and for monopolies there are 2 options:
-State owned
-State regulation of pricing

Take your pick...eh?

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