A whole new package: Royal Mail Interview
Consider this. Your company has had a legal monopoly for 350 years. Your core products are regarded as public services, so the government retains rights to interfere in business decisions. Neither your managers nor your workforce hasever seen a competitor. Suddenly, the government abolishes the monopoly, handing the future of the industry to an untried regulator. The regulator starts licensing competitors, even before establishing a clear regulatory framework.
Meanwhile, you are left with a public sector operating culture, a strike-prone workforce and a legal duty to maintain expensive public services even as competitors start eating into your more profitable markets. How do you respond?
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