2 ms·
"the initial benefits of the dealer franchise system have long since given way to rent-seeking, inefficiency and unintended consequences" This is by far the mo
by crabasa 13y ago
"the initial benefits of the dealer franchise system have long since given way to rent-seeking, inefficiency and unintended consequences"
This is by far the most interesting part of what is a rather short and fluffy piece with a strangely assertive headline.
How exactly does a government/regulator quantify when the benefits of a granted monopoly (i.e. power, telecom, etc) has outlives its well understood purpose?