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At no point you talked about monopolies. And it has plenty of evidence in the real world, just look at AT&T, cable companies, ISPs, mail carriers, etc. And lo
by ucaetano 9y ago
At no point you talked about monopolies.
And it has plenty of evidence in the real world, just look at AT&T, cable companies, ISPs, mail carriers, etc.
And look at monopoly pricing.
> The biggest problems of these companies is that they are owned by private individuals. Having them formed as coops solves a major issue.
No, it doesn't. Coops are also owned by shareholders, and with government protection, they are monopolies, extracting economic rents from consumers. And economic rents are always, always bad.