True. At the time it was sold as if it was going to save consumers money via competition, which it never has, and never will.
Deregulation was only about power companies being able to increase prices without a regulatory board to slow them down. My ex wife worked for the power company and tried to argue the company line to me. I told her she can believe what she wants, but the company line was a lie. She never was good at thinking without someone like a tv to make her mind up for her.
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