'Less Competition is Worse'

What happens when you remove one competitor from an industry? Other competitors would be happy, especially when we are talking about one of the largest companies in that industry. If you look at the big picture, however, this is something bad, all the more when this is an infrastructure-intensive industry like the telephone industry.

When a single company monopolizes this industry, expect that infrastructure would be dismal. And that is something we wouldn't like. Apparently, this almost happened in New York last year, thanks to Verizon.

Link: The Futurist: Is Verizon Trying To Destroy Our Nation's Telephone Infrastructure?

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