3 ms·
> it's a monopoly, it's not a free market, by definition It is a free market, you are free to open your own water company and build your own water pipes or del
by ClumsyPilot 3y ago
> it's a monopoly, it's not a free market, by definition
It is a free market, you are free to open your own water company and build your own water pipes or deliver water in bottles. No one is stopping you
- lifeonlars 3y agoActually, the very widely replicated experience of most challenger utilities is that the entrenched utility will stop you, sometimes in collusion with the government or municipalities. Try getting permits to dig up the road to put your competing pipes alongside the current monopolists. In Britain, British Telecom spent around 20 years making it impossible for other players to supply an internet service to consumers. They used various anti-competitive practices and had very good capture of the largely toothless regulator OfCom. This is all documented.