Justsomeguy

price control in this industry is good. In other markets it degrades economics whereas in this market, it creates healthy competition.

In this case, the price control actually provides him a means of competition that would otherwise not exist.

Added that the situation being described as a monopoly above is not even a monopoly. A good example of a monopoly can be seen in cable companies of the past and even many now. Where I grew up and still live, there was only one provider. In fact because of local law only one company is even legally able to provider the service.