• WaxedWookie@lemmy.world
      link
      fedilink
      arrow-up
      4
      arrow-down
      1
      ·
      11 months ago

      It’s a useful (though non-essential) service that leans toward a natural monopoly. Nationalisation or heavy regulation are the solutions to this.

      Under regulation, profits flow to shareholders. Under nationalisation, they flow to treasury. Practicality of nationalisation in the current climate aside, I know which I’d prefer.