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To: bruinbirdman
Kinda scary to realize that there is a Mexican phone company guy, that could buy Ford, Volvo, and Chrysler. All out of pocket.
34 posted on 07/14/2007 7:14:45 PM PDT by John Jamieson
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To: John Jamieson

You mean Carlos Slim? Yes, he is the richest man alive, but I have to tell you, he is aided by anti-competitive laws and alliances with key Mexican lawmakers. I am typing to you from Mexico using his Telnor/Telmex internet connection. Competition here is not the norm. ISP service in the US ranges from about $10 per month to $60, depending; here it starts at $40 and goes up. That is slowly changing, but competition is elbowed aside while he gets richer. I appreciate anti-trust laws. And Walmart is the largest single employer in Mexico, Slim’s phone company employees only half as many people. One can daily see here the effects of the absence of economic competition.


40 posted on 07/14/2007 7:41:08 PM PDT by bajabaja
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