Unformatted text preview: stopped regulating long distance phone services and competition between companies caused prices to go down 40% • In Mexico there is the Telmex monopoly – phone company – there are no other phone companies and prices are ridiculously high – 10 phones per 100 mexican people. • Poland is second in line with a telephone monopoly having 20 phones/ 100 people. • Amount of law schools in each state except California is regulated by the government to minimize competition. • Real estate agencies have rules and laws that keep set prices, therefore keeping competition out. • In California, the California Barbering and Cosmetology Board “raids” establishments of unlicensed hair braiders....
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This note was uploaded on 04/24/2008 for the course ECN 102 taught by Professor Seely during the Spring '08 term at Wilkes.
- Spring '08