Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (69345)	5/21/2008 1:45:38 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 74559

It's hard to believe that the NZ government would sell a utility without everyone understanding they would be regulated like any other utility. Most utility type of businesses are known in economics as "natural monopolies". You may have been a little naive going into this investment, perhaps. Mexico was an exception. That's how Carlos Slim Helu became the wealthiest man in the world. He led an investment group that bought Telmex from the government at a very cheap price, after some hefty under the table payments to the then President of Mexico. The same President made sure Telmex operated without regulation, and Slim quickly tripled monthly Telmex rates. That's why unavoidable monopolies are regulated, except in corrupt nations. .