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To: TimF who wrote (12564)5/9/2002 7:57:18 PM
From: thames_sider  Read Replies (2) | Respond to of 21057
 
That's because the term deregulation sometimes isn't used to mean something that really is deregulation, but rather changing the current regulation around to favor some politically connected group.

Oh, agreed, indeed. It's worse than you might guess.

For example, the UK has deregulated electricity and water. Currently, about 70% of each is owned by foreign owners - principally French and German companies. Strangely, although each market is 'deregulated', not even 1% of French electricity generation capacity can be owned/traded by foreign companies... water is not much better.

As for agriculture... the UK would love a free, unsubsidised market. Preferably soon enough that we'll have some free-market, unsubsidised farms left to compete against the US or EU variants. As for the Aussies, or Kiwis, or Canucks... I suspect they'd leap at even the chance of a free market...