Comment by oblio
3 hours ago
> 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.
> 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.