The Alan Grayson Page

The Anthony Weiner Page

Guest Contributors

Note

  • BN-Politics' administrators respect, but do not necessarily endorse, views expressed by our contributors. Our goal is to get the ideas out there. After that, they're on their own.
Blog powered by Typepad
Member since 05/2007

Blog Catalog

  • Liberalism Political Blogs - Blog Catalog Blog Directory

Blogorian!

Blogged


« Jon Stewart Interview: Bolivia's President Evo Morales | Main | Bill O'Reilly Surprised that Black Folks are... Folks? »

September 27, 2007

Comments

Charles

The core problem is market concentration. Our government keeps insisting that you can't have monopolistic effects until a corporation gets some very high percentage of a market (like 75-80%).

But monopolistic effects occur long before they affect pricing. One example: a company might have only 1% of the national market, but if it is the dominant business in a particular town, there's no free market there.

The main question, though, is not just what market share a company has, but how many real competitors it has. If a company has a 70% market share, but there are 30 companies capable of offering equal services, then there's competition. The problem is that in telecomm, there are only a few companies capable of offering equivalent services.

The comments to this entry are closed.