"We can't..." UK has had a fairly strong market liberalization starting from Margaret Thatchers reign 30-something years ago. e.g. http://en.m.wikipedia.org/w

"We can't..." UK has had a fairly strong market liberalization starting from Margaret Thatchers reign 30-something years ago. e.g. http://en.m.wikipedia.org/wiki/Privatisation_of_British_Rail http://en.m.wikipedia.org/wiki/Privatisation_of_British_Rail What do you think happens when a state monopoly is suddenly privativized without serious competition in the market?