Primary flaw is that you often can’t buy the “same product” (in this case, a service) from one year to the next. So there is no way to enforce a future price, given that lirerally no-one knows exactly what the monopoly provider will be selling 2 years from now (just that it will fulfill the same need)
Primary flaw is that you often can’t buy the “same product” (in this case, a service) from one year to the next. So there is no way to enforce a future price, given that lirerally no-one knows exactly what the monopoly provider will be selling 2 years from now (just that it will fulfill the same need)