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by sitkack 4308 days ago
I think state sanctioned monopolies are _probably_ ok if regulated well. Natural Gas falls in that category here and I think they do a pretty good job. I'd say Comcast falls into state sanctioned monopoly-power-abuse which is different.
1 comments

> I think state sanctioned monopolies are _probably_ ok if regulated well. Natural Gas falls in that category here and I think they do a pretty good job.

How would you ever know since they literally have no competition?

Competition isn't the only way to calculate efficiencies.

But yes, my opinion of not feeling gouged is not a scientific indicator. I don't want 2 gas companies or 6 electric utilities.

That picture on the left, http://cdn.theatlantic.com/static/mt/assets/jamesfallows/189... I have seen that in Vietnam. Everyone gets their own wire.