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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Mr. BSL who wrote (11484)1/6/2001 1:37:03 PM
From: Cautious_Optimist  Read Replies (1) of 42834
 
Regulators sooner or later are captured by the regulated companies. It is political, not economic determination. The problems come in the transition from regulated to deregulated, which is unfortunately defined by the same foxes in the henhouse.

Utilities and energy companies feel entititled to profits, they should not have to earn them competitively by good service and value. Competition is a better state for the wealth of our society, but the last things these companies want to do is compete, IMO.
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