|
|
|
|
|
by bigstrat2003
28 days ago
|
|
The problem here is, unironically, caused by the government getting involved. Many of these companies are granted legal monopoles in their service areas. If someone dares to start a competitor, the incumbent harasses them with lawsuits to try to shut them out. The free market isn't all sunshine and rainbows (and natural monopolies like infrastructure are a place where it frequently fails), but the market is not particularly free in this case. |
|
> True capitalism requires competition. But infrastructure is a natural monopoly. If you treat it like a regular consumer product, you don’t get competition. You get waste, or you get a monopoly.
> The Swiss model understands this. They built the infrastructure once, as a shared, neutral asset, and then let the market compete on the services that run over it.