Anti-trust regime for power, transport too | Inquirer Opinion
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Anti-trust regime for power, transport too

/ 12:08 AM June 16, 2011

CONSIDER THIS—feeble or futile as it may be—as an endorsement of the letter of Benjamin B. Agunod “Monopoly tries comeback.” (Inquirer, 6/7/11)

I wish to call attention, though, to a glaring omission in his letter—specifically, the non-mention of the regional monopolies existing in the power (generation, transmission and distribution) sector and in the highways transport (toll roads) sector.

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The economic impacts of these monopolies on the consumer-public vastly exceed those of electronic communications.

Sadly the cell phone and texting mania appears to draw the greater attention of a public infatuated by those facilities’ novelty.

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The inadequacies of “regulatory” institutions (Energy Regulatory Board and Toll Regulatory Board) under the resulting monopolistic market conditions cannot but similarly burden the consumer-public with oppressive rates. Senate President Juan Ponce Enrile has opined that the merger/acquisition of Digitel by the PLDT Group has violated no laws and entrusts the anti-monopolist policies to the communications “regulators” of government, whose track records—sadly—have been notoriously inutile.

Therefore anti-trust legislation, which  encompass not just the communications but also power and transport, should be enacted.

ALFREDO V. ASUNCION,
[email protected]

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TAGS: Anti-trust legislation, Market conditions, monopoly, Power, Regulation, Telecommunications, transport
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