Argument: Market competition lowers prices for consumers in the water market
The privatization of the telecommunications market lowered prices as it could in the water industry
- "Creating a dynamic and competitive water industry" 2006 Metropolitan Water Plan for Sydney, Australia - "Over the past decade, competition reforms have been implemented to create dynamic energy and telecommunications markets. Consumers have benefited from competition through lower prices, the development of new products and, increasingly, the ability to make choices among energy and telecommunications providers. To encourage increased levels of water recycling and the delivery of other innovative services, the Government proposes to implement similar competition reforms in Sydney’s water industry. In doing this, the NSW Government is leading the way toward developing an innovative and efficient water industry in which the delivery of services by the private sector is a core component."