So while they push data center costs onto you in the form of higher utility bills, you can bet that the PE company is likely to employ all of its same old tricks and traps that make service even worse. And here's the kicker. Utility companies are legally allowed to operate monopolies. meaning you're probably stuck with your utility company. No matter how bad it is, you don't have other options. And that's something that the private equity firms want to take advantage of. (02:47–02:53)
CLAIM
Asserts that utility companies are legally permitted to operate as monopolies.
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