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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (26436)	2/15/2005 10:47:43 AM
From: yard_man	Read Replies (1) \| Respond to of 110194

>>in fact, it is also obvious that competition hasn't suffered one bit. especially in the case of the telecommunication companies which you have used as an example it couldn't be more clear. the prices consumers pay for telecommunication services are the lowest ever - and the trend remains in full swing, as new technologies pose more and more challenges for the established players. for instance, VOIP is about to kill traditional land line telephony for good.<< I think telcomm services would be much, much lower priced now had it not been for all the protective regulation. I think here it is clear that the idea of natural monopoly was something concocted to keep prices high in this industry.