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Your edit caught my meaning; I should have been more clear. There's always less profit potential where there is more competition, which is one reason why peopl
by nickff 2y ago
Your edit caught my meaning; I should have been more clear.
There's always less profit potential where there is more competition, which is one reason why people suggest that monopolies are capable of providing higher-quality products (and services).
Interestingly, some local governments are known (or at least have historically) to use their permitting powers to extract significant amounts of money from telecoms and others. I am not really sure what to do about this, but in the early days of power poles, few/no permits were required to use them, and there were many power providers sharing the same poles; it was messy, and contributed to unreliability, but it worked and allowed for competition.