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oblioyesterday at 8:30 AM1 replyview on HN

> Plus straight old fashioned corruption in a state sponsored monopoly.

Why don't they just nationalize it?

At that point there wouldn't be a huge incentive to raise prices and increase profits and state control would demand lower prices for residents.


Replies

ben_wyesterday at 9:26 AM

> Why don't they just nationalize it?

Given the general dysfunction in American politics (and I say this as an outside observer), the current owners would raise a stink about it, possibly playing the "nationalize == communism == USSR == gulags" card as a negative campaign in the next election.