Name:
Location: Parkersburg, West Virginia, United States

A West Virginian by choice, a layman with no higher education. Just your average WVian who feels it is time normal people get involved and try to bring about the fundamental changes necessary to make West Virginia and the Nation all it can be. I will watch the issues plaguing West Virginia and the rest of the country and try to offer a perspective that is not available anywhere else. A Layman’s point of view. Email: PDNotrah@suddenlink.net I invite your candid comments and may even reply.

Friday, April 14, 2006

Monopoly Advertising

It is hard to understand why Brick Street, the monopoly enterprise offering Workers Compensation Benefits is spending rate payer dollars on an advertising campaign. It makes no since that they should be allowed to spend rate payer dollars to promote the Company when they are the only one allowed to offer the benefits. They have an absolute monopoly as state law prohibits any other company of providing the services of Brick Street. Why are they doing this? Could it be because there will come a time in the not too distant future when other companies will be allowed to enter the market which will create some competition for Brick Street. In addition, is Brick Street scheduled to become a private company with private stockholders?

If Brick Street becomes a private company then the stockholders of the then private company will be the beneficiaries of advertisement which were paid for out of the rate base. This seems highly unethical and not fair to those who are paying for Brick Street or those who will enter the market to compete with it. I think we need to learn who the private stockholders will be of this state organized company who enjoys an absolute monopoly.

Spending rate payer dollars on advertising to promote a monopoly is ridiculous. What is next, the State Tax Department advertising to promote the services it provides through the Department of Highways?

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