Quote:
Originally Posted by Itshim
Back to title. In my opinion there is NO such thing as excess profit.
Unless you are a monopoly & in the UK water companies are the only one I can think of. As I see TV license as a TAX however its dressed up.
You don`t want to pay for SKY movies then don`t .EASY
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As far as profits are concerned, I am inclined to agree when there is a free market, because if others are so good at it, they will come in and provide the competition at a lower price.
Unfortunately, that theory doesn't work with monopolies and monopolistic practices. It makes you wonder what the Competition Commission is for - they don't seem to be making much of an impression on dear old Mr Murdoch.