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There was a time when bank choice WAS limited. We used to have a monopoly on telephone service, and a controlled oligopoly on airlines. Does anyone want to go back to that? We still have a monopoly for cable and power in some areas, but how happy are we with PEPCO or Comcast?

The introduction of choice has downsides, but I think that the burden is on those who oppose choice to convince us.

by SJE on Dec 13, 2012 1:35 pm • linkreport

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