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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Yorikke who wrote (4096)6/16/2001 11:14:47 AM
From: Hawkmoon  Read Replies (1) of 33421
 
I believe there is a theory in first year economics that speaks of natural monopolies,

I seem to recall the same thing. At least I remember the discourse about public and private market failure... :0)

But I also believe in providing mechanisms like PURPA, where monopoly utilities who hike prices too high, will be forced to purchase production from smaller peak producers who find the financial returns hard to resist when they have a guaranteed buyer.

Same thing with forcing exchange carriers to grant access to small long-distance carriers.

Hawk
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