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One answer: it's a natural monopoly (which means it has huge economies of scale.) A second competitor would need to make enormous investments to duplicate the USPS' infrastructure.
Second answer: it's because of regulation. It's against the law to go into business delivering mail. This prevents new entrants from showing up and taking share away from the USPS.
Third answer: It's because it LOSES MONEY. No startup in their right mind could compete with the USPS based on $0.42 to mail a letter.
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What is an example of an industrial monopoly?
USPS (united states postal service)
What is the price of US postal service Postcard stamps?
The price of a US postal service postcard stamp is 27 cents.
Give me an example of companies that are a pure monopoly?
There are many legal monopolies. The United States Postal Service is the only letter mail provider and is government funded to make it run at a loss.
What is traditional monopoly?
A traditional monopoly can be considered whenever a single company controls the vast majority of an industry. In 1984 the US Federal Government split up AT&T due to the corporation having a monopoly on the telephone service industry.
When do postal rates increase?
Whenever the US Postal Service thinks it is losing money. The increases are usually 2 cents though, and seem to occur every couple years.
What is an example of an industrial monopoly?
USPS (united states postal service)
How do you become a contractor for the US postal service?
How do you become a contractor for the US postal service?
Does the US Virgin Islands have the US postal service?
Yes. We are an American territory and American citizens. We do have the US Postal Service and the postal rates are the same as they are in the continental US.
US Postal Service is it bonded for overseas?
The Postal Service, like the US Government, is self-insuring.
What has the author Douglas K Adie written?
Douglas K. Adie has written: 'An evaluation of Postal Service wage rates' -- subject(s): Employees, Postal service, Salaries 'The mail monopoly' -- subject(s): Canada Post Corporation, Postal service
What is the abbvreviation for US postal service?
The United States Postal Service is abbreviated USPS.
Where can I locate a US postal rates chart?
I am wondering what the rates for the US postal service are, where can I find a US postal rate chart?
Who delivers for ParcelForce in the US?
US Postal Service
How do you use the us postal service in a sentence?
"The US Postal Service currently employs thousands of men and women as letter carriers." You would use "US Postal Service" as if it were the name of a company, and mail carriers, post office clerks, etc. are employees of that company. For all intents and purposes, you can think of the US Postal Service as being like a company that is owned by the US government.
What is the US postal service website?
www.usps.com
When was the first airmail delivery service for the US Postal Service?
1918
What has the author J Gregory Sidak written?
J. Gregory Sidak has written: 'Protecting competition from the postal monopoly' -- subject(s): Government business enterprises, Government monopolies, Management, Postal service, Privatization, United States Postal Service 'Toward Competition in Local Telephony'
