Open Access (infrastructure) - Concerns

Concerns

A player seeking access to infrastructure would expect to pay several fees of a capital and operating kind. Hopefully the cost of this is less than having to build separate infrastructure. It is in the public interest that access disputes be resolved in an efficient way, so that for example, profits are maximised and therefore income tax on those profits is also maximised.

The potential for monopoly infrastructure to charge high fees and provide poor service has long been recognised. Monopolies are often inevitable because of high capital costs, with governments often imposing conditions, in exchange for approval of the project and for the granting of useful powers such as land resumption. Thus a canal might have its rates regulated, and be forbidden to operate canal boats on its own waters.

Read more about this topic:  Open Access (infrastructure)

Famous quotes containing the word concerns:

    In what concerns you much, do not think that you have companions: know that you are alone in the world.
    Henry David Thoreau (1817–1862)

    In common with other rural regions much of the Iowa farm lore concerns the coming of company. When the rooster crows in the doorway, or the cat licks his fur, company is on the way.
    —For the State of Iowa, U.S. public relief program (1935-1943)

    The human heart concerns us more than the poring into microscopes, and is larger than can be measured by the pompous figures of the astronomer.
    Ralph Waldo Emerson (1803–1882)