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I just can’t agree with you anymore. I think companies that are government supported monopolies are a lot more difficult to change than those subject to competi
by happytiger 3y ago
I just can’t agree with you anymore. I think companies that are government supported monopolies are a lot more difficult to change than those subject to competition. There’s just so little incentive to change and it’s baked into regulatory capture on so many levels that changing a company that appears to be available but actually isn’t is probably harder than making change when market forces can create incentives for that change.
I used to believe what you wrote, but my opinion has changed.
- fnordpiglet 3y agoIt’s true - the oil end to end isn’t government supported, it controls their governments transnationally. Big difference I guess.