Quote:
Originally Posted by Azure
Well I don't think you can say that regulation or deregulation is good....I think the answer is somewhere in the middle.
Because of the nature of the service, its impossible to deregulate it completely.
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Anytime you have an essential service with very limited competition (ex. due to extremely high infrastructure costs), the government needs to keep a watchful eye on the service to make sure people aren't being taken advantage of.
We've seen it with Car insurance (in Alberta) and telecommunications (across Canada).
This is one of the reasons that Slappy's anarcho-capitalism theory couldn't function in a practical setting.