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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (35873)5/25/2000 4:16:00 PM
From: Original Mad Dog  Read Replies (2) of 63513
 
Post Office is a legal monopoly... they haven't abused the power

Yes, they are a legal monopoly. But they surely have abused the power. They fought like hell to keep FedEx and the others from having an opportunity to compete, and even recently (a couple of years back) have fought to prevent the private services from getting into mass low-cost services on the grounds that their exception to the "legal" monopoly should be construed narrowly to apply only to "urgent" or highly time-sensitive mail.

You must have never lived in Chicago. For many years our postal "workers" were such a joke that one could never rely on getting anything by mail. I had stock certificates, credit cards and the like outright stolen at the post office (the stolen credit cards were traced to a postal worker later), and the news was full of reports of piles of undelivered mail being found under railroad bridges and industrial sites throughout the city. Workers were too lazy to deliver them and management had no incentive to do anything about it. And yet, it was illegal for a competing service to offer to deliver any non-urgent letters. I could write pages about the electric utilities here, which also have wretched service and high expenses.

It is the nature of monopolies, legal or otherwise, that the power will be abused. But until the abuse occurs, the law cannot effectively stop it.
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