> some might temporarily have better rates but they inevitably need to get back in line with everyone else or go bankrupt. That how “perfect” competition works

> some might temporarily have better rates but they inevitably need to get back in line with everyone else or go bankrupt. That how “perfect” competition works. All of them are forced to maximize efficiency and minimize prices because they have no way to differentiate themselves. I would not necessarily trust all public monopolies to do the same.