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#11
November 20th 03, 12:27 PM
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"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. 
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