Question: Australia Post: Is this monopoly a good idea?

Question 1. What kind of barriers to entry has allowed Australia Post to continue as a monopoly in providing postal services for standard mail in Australia? Explain your answer.

Question 2. What are the arguments against and for such a monopoly? Illustrate your answer with a diagram.

Question 3. Australia Post maintains a monopoly in the standard-mail market in Australia, in that it controls both the infrastructure and the retail side of the industry. How could it be losing money?