Tag: price cap
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PMG: Trust us
At the February 7 hearing on the House postal bill, Postmaster General Megan Brennan gave a very clear description of her policy toward future postage rate increases: trust us. As defined by Dictionary.com: Monopoly [muh-nop-uh-lee] exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. an exclusive privilege to carry on a business, traffic, or service, granted by a government. the exclusive possession or control of something. something that is the subject of such control, as a commodity or service. a company or group that has such control. the market condition that exists when there is only one seller Ms. Brennan said more than once that she hopes the Postal…
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PRC Approves USPS Rates for 2017
The Postal Regulatory Commission ruled that all categories of Market Dominant mailing services, except Special Services, are in compliance with law and may take effect on January 22, 2017. The PRC will rule on Special Services later, as it was late in receiving necessary information on complex proposed changes. This rates proposal was successful from…
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Outlook for 2017 postage increase
Will the upcoming postage increase be like the last one in May 2015? Absolutely not. The 2015 postal rate change is widely viewed as a disaster. It included two do-overs because of mistakes and many unintended consequences. Causes included rushing, understaffing, and untested, complicated structural pricing changes. The USPS learned from the experience and…