7 ms·
I’ve noticed that a lot of “natural” monopolies are regulated under the assumption they will become monopolies but before they actually do. I suspect a lot of
by twblalock 8y ago
I’ve noticed that a lot of “natural” monopolies are regulated under the assumption they will become monopolies but before they actually do.
I suspect a lot of that regulation has been wrong, monopolies would not have emerged, and we would be better off regulating only the monopolies that actually exist.
I’d rather see the scooter companies fight it out than have the city government pick winners and losers when the industry is only a few months old and multiple viable competitors already exist.