What is the regulatory situation related to those industries?
Long term, monopolies need government-induced restrictions on entry to endure.
If competitive markets exist, incumbent monopolies will eventually be dethroned.
What is the regulatory situation related to those industries?
Long term, monopolies need government-induced restrictions on entry to endure.
If competitive markets exist, incumbent monopolies will eventually be dethroned.
we don't have any regulations in place like in the US. Murdoch owns most the media here unlike the US where the US takes legal action against media.