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If they had taken risks in a perfect market, I would agree. The problem, at least in the US, is that because a limited amount of spectrum is available, and onl
by schwabacher 16y ago
If they had taken risks in a perfect market, I would agree. The problem, at least in the US, is that because a limited amount of spectrum is available, and only a few companies have been given an exclusive right to use it, wireless data is natural monopoly / oligopoly.
Cable, telephone, wireless monopolies are very similar to, and should clearly be regulated in a similar way to power and water utilities... The only reason that they are not in the United States is political corruption.