The barrier is capital expenditure, not regulation/licensing/taxation. Besides, any competitor entering the market would be expected to make just as much or more profit as the existing companies. Which means they would…
"nobody is compelled to buy anything from them"? Really? How are you going to get to work when your work only pays you enough to live 10+ miles away and there's no public transit (i.e. the vast, vast majority of people…
The barrier is capital expenditure, not regulation/licensing/taxation. Besides, any competitor entering the market would be expected to make just as much or more profit as the existing companies. Which means they would…
"nobody is compelled to buy anything from them"? Really? How are you going to get to work when your work only pays you enough to live 10+ miles away and there's no public transit (i.e. the vast, vast majority of people…