Perhaps, but is it deregulation across the board or selectively allowing failures, leaving the broader economy to falter? Broader fiscal and trade policy also shapes and restricts competition. This has allowed for industrial groups and corporations to lever capital and acquire challengers. Allowing failures is necessary but should we not also ask whether or not competition in these services is being increased or decreased?

CCDs are being sold as a remedy to improve services, but when competitors are being pulled into the fold, incentives and opportunities to operate, innovate and develop services in parallel decrease.