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Like when they privatized energy because "competition will lower prices". In France, since the "opening to competition", electricity prices went up 44 percent.
by wazoox 7y ago
Like when they privatized energy because "competition will lower prices". In France, since the "opening to competition", electricity prices went up 44 percent. What's not to love?
- sokoloff 7y agoSo, in the last 12 years, electricity went up 44% (or 3% per year)? That does not seem extraordinary to me.
- wazoox 7y agoThat's much higher than the inflation rate (which never was over 2% and often around 0).
- xtracto 7y agoSame thing happened in Mexico: Last government sold privatisation of gas and other energy promising lower prices and no increases. Fast forward 2 years and of course now we have shell and bp gas stations with higher prices... Who would have thought that for profit companies would want to profit ?