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Actions taken by a regulatory body toward a regulated entity affect unregulated firms in the industry. The Postal Rate Commission (PRC), which regulates rates and fees charged for postal services, can indirectly regulate private companies that compete with the United States Postal Service. The primary example considered in this paper is the relationship between the Postal Service and United Parcel Service (UPS), a private firm that delivers packages nationwide. Regulatory actions taken by the PRC can affect the nature of this relationship. However, as the number of private firms increases, the ability of a regulator like the PRC to affect their prices diminishes |
