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A) Government destroys competition in marketplace by allowing looting, etc. B) Government passes laws to prevent “gouging” by remaining government-funded incum
by pjkundert 2y ago
A) Government destroys competition in marketplace by allowing looting, etc.
B) Government passes laws to prevent “gouging” by remaining government-funded incumbents, further increasing risk to new market entrants.
C) Remaining providers depart, leaving no service in the area.
D) Government creates new DMV-inspired provider to “help” the populace, which provide acceptable service to absolutely nobody (see: $billions for government provided fast car chargers that were never built)
E) Taxes are increased to support and expand the useless provider.
F) Go to step A for the next market.