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It does sometimes, specifically with utilities. That’s why many utility companies in the US are government sanctioned monopolies.
by dartos 3y ago
It does sometimes, specifically with utilities.
That’s why many utility companies in the US are government sanctioned monopolies.
- cogman10 3y agoThat only applies when the utility companies are heavily and well regulated. Take that away or loosen enforcement and you get things like California's campfire. Or in my own case, a large water company purchasing smaller water companies and immediately applying for higher prices... to cover the cost of purchasing more of the local water companies (transparently so). Get a bunch of yes men on the board regulating a utility, though, and all the sudden it's easy for them to just approve whatever the utility wants to do regardless of public comment.