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Thursday, July 7, 2011

Deregulation = Transfer of Wealth

Deregulation is the elimination or reduction of government control of how business is done, thereby spurring competition and moving toward a more free market. This has happened in many major industries in the history of the United States.

Deregulation picked up speed in the 1970's. The first plan to deregulate a major industry was put into place by the Nixon administration in late 1971. The proposal originally addressed rail and truck transportation, but was amended in the late 70's to early 80's, during the Carter administration to include air travel. In the 80's, ocean transportation was deregulated. The acts passed not only lessened barriers to enter into transportation markets, but also promoted more independent, competitive pricing among transport service providers. Communications was the next major U.S. industry to be deregulated, spurred by the Telecommunications Act of 1996.  This led to more competitive pricing and more convenient bundling options regarding telephone, internet and television.

The newest wave of deregulation was that of the energy industry.  This has made it easier for people to get into the energy business.  Also, people across the country now have the right to choose their electricity and/or natural gas provider.  Ambit Energy is a great choice, providing up to 30% savings!  Ambit offers the following services:

Texas - Electricity
New York - Electricity and Natural Gas
Illinois - Electricity
Pennsylvania - Electricity
Maryland - Electricity

Visit any one of the pages below to sign up or become a consultant!




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