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February 26, 2007

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Rick Wamre

Given that TXU is a monopoly, and given that being taken probably will wind up increasing the stranglehold TXU has on the market (assuming that private finance guys are smarter than government finance guys), is there going to be any way to actually bring deregulation in a meaningful way to Texas without going back to the legislature and changing the law? I don't see how the market can do it right now without legislative help, but then of course it isn't really degregulation...

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