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Its important to note that many government granted monopolies are created to provide important services to all areas, not just those that are profitable.

For example, USPS delivers mail to all addresses. Competitors use USPS to deliver to remote locations.

They have their problems of course, but they also have their share of burdens competitors don't.




What you refer to here is known as a "natural monopoly": see Wikipedia for more information. http://en.wikipedia.org/wiki/Natural_monopoly


good link, thanks




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