Utilities lend themselves to monopoly well.
The economy of scale allows one company to efficiently become the only source of that utility for an region.
Meanwhile, the customers of the utility are subject to the dark side of monopoly. Unjustified rate increases or cutting off service for any reason whatsoever.
It makes no sense.
This setup only works well for Power companies, airlines, water, waste, etc. when there are robust regulation around them.
Could you imagine if the power company could cut you off because of your political leanings? or the water company?
It is no different for monopolies on the internet.
Everything they do is heavily regulated. They cannot do things like cut off service for any reason whatsoever, or raise rates without justification.
Pros: - Great food
- History (relative to the US at least)
- Laid back culture
- Decent public transit. Not as good as NYC or SF, but in the city and even outlying areas like Metarie the streetcar gets you alot of places
- Interesting architechture in places like the Garden District and French Quarter
- All-in-all, one of the most unique places in the US
Cons:
- Weather is shyte, although winters tend to be mild (ironically it can get cold at times, even worse than say the SF Bay)
- K-12 education outside of private and parochial Catholic is mostly, not good
- The politics. Depending your perspective, you get the worst of both worlds (batshit insane conservatives running the state vs. corrupt liberals running the city)
- Every other commercial you see will be for personal injury lawyers. The tort decisions there are out of control and insurance rates are high.
All this is probably OK for childless young adults. I'd think twice before settling down there though