1) Government over-regulation
Note the term OVER regulation. Some regulation is necessary, hence the Sherman Act, which is designed to hinder monopolies. If only it was used properly.
Corporations hate true capitalism. Their desire is to increase their bottom line, and ridding themselves of competition by becoming a monopoly does that for them, or by colluding with other corporations, both of which are against the law, if the law would be applied properly, which it sadly is not.
Some are government regulated monopolies, such as Southern California Edison, PG&E, and the Southen California Gas Company. Free market competition isn't allowed there. State, County, and local governments justify this by saying their regulations benefit the customer most. Some actually believe that. Others, in government, know it's the best way to benefit themselves.
Capitalism doesn't involve competition, they hate competition. Capitalism loves monopoly.
The term “monopoly capitalism” is used to describe an aspect or stage of capitalism in which monopoly control is widespread and explicit, though the ideological fiction of free markets and competition is still maintained in public discourse.
Capitalism?? Can I assume you're joking? Because, capitalism is not involved here. Capitalism involves competition. I'm not aware of any competition for student parking beyond a very limited amount of street parking. Therefore, they can charge whatever they want, regulated only by agreements with the university.
Campus parking is much closer to being a government regulated monopoly.
The Angel's general parking last year was $10 and this season for general parking is raised to $20. Dodger stadium this year is $30 to park at the stadium. Parking fees for sporting events are out of control. Our fee for the day of the game at LB is $15 at the kiosk.
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