COMMENTARY: So many MacGuffins protecting higher than normal profits

Why only MVNOs can check the market power of the incumbents (Part Two) By Tim Denton THE SECOND MAJOR PORTION of the MacDonald-Menzies argument (part one can be read here) against mobile virtual network operators (MVNOs) is what I call the transmission argument. It holds that, by preventing conditions that would allow effective MVNOs, the profits left in the large carriers will be translated into investment in less profitable or unprofitable rural and remote broadband access. Why would any rational capitalist organization reduce its return on investment to satisfy the distributive goals of the Canadian state? In various times, management...