Re:Texas power crisis revealed flaw in market’s design
by imachine1980_ on Tuesday February 08, 2022 @09:26PM
(#30267935)
you couldn't have 50 companies in one place and even if you cold the fix cost are high o make it unprofitable, low regulation means less control not more competition in a natural monopoly, making all companies try t extract the most money without making too much attractive to new competences, if you look carefully companies (commercial and industrial) pay less than other countries because they have more bargain power against the power industry but regular citizens cant pay the extra money for a tailor connection and tent to pay what they being offered.
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