urban genie
Well-Known Member
- Joined
- 11 May 2008
- Messages
- 35,092
Quite simple. Those companies are either regulated and/or subject to market forces. Or both. So hike their prices unreasonably and one of the following happens: (a) their contract isn't renewed, (b) they are overruled by the regulator, or (c) customers leave in droves.
Does that give you a clear answer?
Isn' t that only the rail companies?, the energy companies are privately owned by share holders, to take away their contracts would mean re nationalising them and a tory gov won't do that.