Tue, Jun 26, 2012 - Page 8 News List

EDITORIAL: Energy firms’ shocking track record

Chunghwa Telecom Co is similar to CPC and Taipower: its market capitalization is huge, it enjoys a monopoly or oligopoly and it affects virtually everyone. It was privatized a long time ago without violating its fundamental function as a public utility and it has weathered challenges presented by private telecommunications companies, such as Taiwan Mobile Co and Far EasTone. If Chunghwa Telecom can do it, then why not CPC and Taipower?

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