Tuesday, October 02, 2007

Postal Competition Delayed Again

Just a couple of weeks ago, a good proportion of European bureaucrats and citizens l correctly lauded the decision and award against Microsoft for its exercise of power in the operating systems market segment. One would have been excessively naive to assume that the momentum for rolling back monopolies would be definitely maintained. As this short piece in the NYT reports, cowardice has overcome most regulatory agencies which could argue that the maintenance of postal monopolies is not in the public interest and is altogether futile. Why should a $125 billion industry be exempt from competition?

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