Wednesday, February 4, 2009

What is Lester Smoking?

Lester is off his rocker. Did you see what he said in the Observer? He said that if the ALP wins power, he wants to merge APUA, Digicel and Cable & Wireless into a joint company. Is he crazy?

Sane Governments tend to encourage market competition. When companies have to compete for your business, they innovate more, they give you lower prices and they provide you with better service. When companies know that you have to go to them to get serviced, they tend to provide worse service at higher prices, because they know you have no where else to go.

That's why most Governments are in the business of breaking up monopolies and encouraging competition. Not Lester Bird. He wants to create a huge telecommunications monopoly. That's just crazy.

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