> Enough regulation (and entrenched interests/semi-monopolies) to make new entry in the field prohibitive, but not enough to force incumbents into e.g. line-sha

> Enough regulation (and entrenched interests/semi-monopolies) to make new entry in the field prohibitive, but not enough to force incumbents into e.g. line-sharing and local loop unbundling, compounded by incumbents holding great sway over politicians and (directly or indirectly) over those supposed to oversee them. http://en.wikipedia.org/wiki/Regulatory_capture http://en.wikipedia.org/wiki/Regulatory_capture