WE fully endorse the call made by Columnist Rigoberto D. Tiglao in his piece yesterday “Nationalize Meralco.”

Mr. Tiglao’s column summarizes the ills that private ownership of the Manila Electric Company or Meralco, which is a monopoly on the transmission segment of the power industry in Metro Manila and environs, has caused in our country including our having one of the world’s most expensive electricity rates.