Re:How Silicon Valley destroyed Parler
by wegs on Friday January 15, 2021 @05:30PM
(#25797394)
Most utilities weren't created by the government. My local power company came from a series of merges of companies founded in the eighteen-hundreds.
The government, at some point, decided to regulate utilities. It certainly didn't create them or their monopolies. Most have a natural monopoly (https://en.wikipedia.org/wiki/Natural_monopoly).
It was a good idea, at the time, and it's just helpful to update our list of what constitutes a utility.
The government, at some point, decided to regulate utilities. It certainly didn't create them or their monopolies. Most have a natural monopoly (https://en.wikipedia.org/wiki/Natural_monopoly).
It was a good idea, at the time, and it's just helpful to update our list of what constitutes a utility.