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Comment by bhupy

Something I don't normally see discussed re privatization of US Postal Service is that it doesn't appear to be a novel idea.

Singapore's postal service, SingPost, is a publicly traded company[1].

The UK's postal service, Royal Mail, is a publicly traded limited company[2].

Germany's postal service, Deutsche Post AG, is a publicly traded company[3].

Japan's postal service, Japan Post, is a publicly traded company[4].

I'm also yet to hear a convincing argument as to why the USPS enjoys a monopoly in first class parcel mail. That is to say, sure let's keep USPS state owned / public, but why can't FedEx/UPS/Amazon/DHL compete with the USPS?

[1] https://sg.finance.yahoo.com/quote/S08.SI/

[2] https://www.marketwatch.com/investing/stock/rmg?countrycode=...

[3] https://www.boerse-frankfurt.de/equity/deutsche-post-ag

[4] https://finance.yahoo.com/quote/6178.T?p=6178.T&.tsrc=fin-sr...

parent bhupy 6 years ago

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