Us Postal Service Monopoly Pros And Cons

The US Postal Service is an independent body of United State Federal Government and is responsible for providing postal services in United States. The delivery of mails is also done by US Postal Service. It is an authorized authority under the constitution of United States. The United States constitution has granted the authority to make post offices to the Congress while the Congress is maintaining a monopoly of US Postal Service through relying on it since many years. The universal service obligation is the statute granted to US Postal Service and it is free of any demographic and other boundaries while remaining in United States.
The universal service rules claim that any obligation must be checked in contrast with financial capability to meet the obligation. The postal services of Unites States are put in place to meet these obligations and that is the main reason of US Postal Service monopoly. The universal service obligation consists of two parts: Private Express Statutes and the mailbox access rule. The Private Express Statutes can be seen as the monopoly of postal Services for delivery of letters. The mailbox on the other hand is seen as the exclusive access of Postal Services to customer mailboxes. …show more content…
The monopoly is well maintained by US Postal Service but still it has many competitors. The mail delivery is a well maintained by US Postal Service but the package delivery is a section where is lacks something. The section has caused the rise of many competitors of US Postal Service. The main competitors are Fedex Corporation, DHL International and United Parcel Service, Inc. All these competitors are doing well in package delivery system and made a way over US Postal Service in US market of Postal