Re:Amtrak Could Turn a Profit for the First Time
by Ozzie_osman on Sunday November 17, 2019 @06:15PM
(#21560698)
A utility monopoly is different than a profit-seeking one. If Amtrak became exclusively profit-seeking, it might raise prices dramatically cut unprofitable routes (say, to poorer towns), etc. Those things might increase profits but undermine the economic benefit that was being provided.
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Re:Amtrak Could Turn a Profit for the First Time
by maxjmartin on Tuesday November 19, 2019 @08:16AM
(#21572545)
I expect that if they did raise prices dramatically, they would lose buisness to roads. This suggests that they are not, in fact, a monopoly.