BartSimpson BartSimpson:
I love the game that regulators play:
If your price is too high it's predatory pricing.
If your price is too low it's anti-competitive.
If your price is just the same as everyone else's then that's monopolistic price fixing.
No matter what you do it's wrong if the government wants it to be.
The game Transalta is playing is to cause an intentional shortage in order to raise prices. Since they are a monopoly, that's a no-no. They could have taken plants down for maintenance during off-peak hours so as to not cause an artificial shortage. Which they usually do.
Incidentally, Transalta also was convicted of price fixing in California, to the tune of $149m. So, you paid too much too.
http://www.calgaryherald.com/technology ... story.htmlI always knew Klien's experiment with deregulation would fail, now the failure is complete.