I don't know. I feel like "price fixing until maybe there was a hint of competition" is pretty far from frictionless sphere, supply and demand economics.
Competition was possible but was not working. A fake news brief is the supposed solution. That's not really competition actually lowering prices. That's the price fixing regime blinking for an unsubstantiated reason.
It would be a different story if the friend's fiber laying company actually saw an opportunity and pursued it, but they didn't.
I don't know. I feel like "price fixing until maybe there was a hint of competition" is pretty far from frictionless sphere, supply and demand economics.
Competition was possible but was not working. A fake news brief is the supposed solution. That's not really competition actually lowering prices. That's the price fixing regime blinking for an unsubstantiated reason.
It would be a different story if the friend's fiber laying company actually saw an opportunity and pursued it, but they didn't.
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