"Matthew S. Whiting" wrote in message
...

I agree that you need "perfect" competition to yield perfectly low
prices, but perfect competition rarely exists in the real world as it
requires consumers to have perfect knowledge of all alternate products
and their prices. A regional system is far from perfect, but it would
provide much more competition than exists now, but certainly far from
perfect competition.


It wouldn't provide any real competition. The users wouldn't have a choice
in providers.