4 ms·
> they can exercise that monopoly to transfer funds from the more profitable routes to the less/not profitable routes. As pointed out in a different sub-thread
by mmt 8y ago
> they can exercise that monopoly to transfer funds from the more profitable routes to the less/not profitable routes.
As pointed out in a different sub-thread, using monopoly power to effect this transfer can be detrimental to consumers.
The more traditional wealth transfer power of governments is taxation, which seems like a more straightforward method.