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  "description": "Through its roads, airports, and energy and physical infrastructure, our next recommendation serves 90% of our lives.",
  "path": "/research/2026/02/regulated-monopolies/",
  "publishedAt": "2026-02-05T14:13:10.000Z",
  "site": "https://www.bytetree.com",
  "tags": [
    "Subscribe now"
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  "textContent": "We spend 80% of our time in a built environment that serves as our home, workspace, and leisure space. An additional 10% of our time is spent in motorised transportation, whether private or public. Through its roads, airports, and energy and physical infrastructure, our next recommendation thus serves 90% of our lives.\n\n## Sign up for our research\n\nByteTree Quality is a model equity portfolio and research service, holding large, liquid companies with sustainable, profitable growth, durable competitive advantages, bought at low valuations.\n\nSign Up\n\nEmail sent! Check your inbox to complete your signup.\n\nNo spam. Unsubscribe anytime.\n\nIt does so in a highly regulated environment, on contracts that generally last for decades and carry built-in price increases, while competitors cannot enter the space. Legally granted pricing power and a lack of competition are incredibly favourable conditions for a business. As long as humans travel, this company will take a fee on every journey. This makes it highly predictable and reliable, which is what the ByteTree Quality strategy seeks.\n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Regulated Monopolies",
  "updatedAt": "2026-02-05T14:13:10.000Z"
}