State utility commissions typically regulate local phone


Question: State utility commissions typically regulate local phone companies, but local phone companies also offer long-distance service to their customers. Rival long-distance carriers also connect to local phone lines to provide long-distance service to customers. Recently, the rival long-distance carriers have complained that the local phone company repair persons have put peanut butter on rival long-distance carrier's phone lines to encourage rats to eat through the lines. If true, is this a profitable strategy?

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Microeconomics: State utility commissions typically regulate local phone
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