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When I live somewhere and the owner of the water company decides they need to increase prices 9% despite having lower costs, they are definitely exercising thei
by Joeri 3y ago
When I live somewhere and the owner of the water company decides they need to increase prices 9% despite having lower costs, they are definitely exercising their monopoly, even when there are several other utilities coming to my home and so many other kinds of beverage I might acquire.
- joshuamcginnis 3y agoHow do you know they have lower costs? My local water municipality recently increased prices citing increased pricing across the entire spectrum of equipment, materials, chemicals and labor. This in addition to state-mandated improvements to waste water management that must be completed within a certain timeframe.
- fifteen1506 3y agoIf you're in Britain most likely your water company has been saddled with debt [so it could pay more to its shareholders] and is in serious economical difficulties.