At 09:54 PM 8/12/2004, you wrote:

>Stephen Judd wrote:
>
>>On Thu, 2004-08-12 at 17:14, LEE Tet Yoon wrote:
>>
>>>I know Telecom are bad but I don't see any way Telecom can justify 5c/meg.
>>
>>Telecom's sole justification is maximising returns to shareholders. The
>>justification for any seller charging any price is "because I can".
>>I find the ire focussed at Telecom a bit odd, actually. They're doing
>>exactly what any Big Dumb Company(tm) would do. The right for them to do
>>from a shareholder's perspective is go right up the line the Commerce
>>Commision will tolerate, and not a millimetre further back.
>
>The electricity industry model works well. Where one company can generate
>and retail power but can not own the lines. Maybe they should look at
>doing that.
>
>a seperate company owns the phone lines. allows every other company equal
>axs to said lines. i know it would be a mess but it would open up and
>encourage competition...

I would hardly say that it works well when they just hike the price of
power at will and the consumer can't do anything about it.. At least with
Telecom you can go else where..

Regards,

Paul Warner

paul.warner@bigfoot.com

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