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Message: <blockquote data-quote="Flipx99" data-source="post: 4013155" data-attributes="member: 562352">From my understanding, they did that so we wouldn't have 16 lines of electric wire running from house to house....and that it would be cheaper to grant a regulated monopoly vs. having electric companies compete (think of how costly it would be if everyone had to build infrastructure).While it makes sense economically, it fails in practice. These boards give money to politicians that allow them to charge outragous prices (especially cable TV)I hardly ever advocate governmental regulation of profits...but here I do. I think if a company is granted a monopoly, it should have very limited profit.</blockquote>

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