 its me
@bls.com
| Re: Deregulation - Good or Bad? Sounds like both. As usual, the truth lies somewhere in the middle...to deregulate or re- (or stay) regulated....
I see from anecdotal experiences in GA (natural gas, local and long distance, water services) that *in general* regulation is preferable for consumer interests when the industry is historically regulated or a utility (like power, water, etc.)
As in the case of Russia when it changed abruptly from a Communist to a Capitalist economy, the barons of previously regulated industry tend to not know when to control themselves and plunder the company coffers or drastically reduce service. They just don't know how to act in a free-market environment.
With industries that are non-essential, like cars, clothes, electronics, etc, market pressure seems to drive choice. If Calvin Klein is too expensive, just buy Nautica, for example. The barons of these industries know from experience the value of a customer, and also have a greater tendency toward customer service.
The big question, is of course, "Is broadband a utility or a consumer service?" |