It’s looking like they will really do it this time. Where the blessed Margaret feared to tread, and New Labour ignominiously failed, our merry coalition of Liberal Democrats and Conservatives in the process of privatising Royal Mail. Wheeled out to defend a policy that is conspicuously unpopular, Michael Fallon says this is about liberating Royal Mail, of […]
Posts Tagged ‘Post Office’
The rising cost of a stamp is the price of choosing market failure
Mar 28th, 2012 by Jon Lansman.Universal postal delivery is a natural monopoly. Encouraging competition, even without requiring a universal service, has eventually led all competitors to invest in parallel delivery mechanisms, covering households as well as businesses as internet shopping continually grows. There are precious few benefits for consumers — just more and more missed deliveries while they’re out at […]
