‘The article concludes that energy markets may be 'made to work' but only by imposing on them a degree of market intervention and monitoring that defies the label of 'deregulation' Deregulation is more corruptible and has a far greater risk of creating dysfunctional markets that are both unfair and inefficient than the regulation it replaced.’ (2003, link at end)

Well that proved to be true. When will most of the media admit that the deregulation of the markets has been an unmitigated disaster? 1) it is anti-competitive in that incentives monopolies and Nationalist policies which have spawned the creep show of our ecocide cults, 2) it creates oligarchs who finance and manage the oppression of people’s democratic rights to their diverse interests. #OligarchsInterests #TheBiggerPicture #DeregulatedMarkets https://papers.ssrn.com/sol3/papers.cfm?abstract_id=471942