The handheld market failed to take off in early 1990s as expected.
And where the market fails, we should step in.
The market thus fails to provide a good or service for which there is a need.
The market has failed to work in most areas of public provision, it increases costs and reduces quality.
And when the market fails everybody who doesn't get fired gets his pay raised.
In these industries where markets may fail on their own, government can be part of the solution.
However, this market often fails to operate as it should.
The single market is failing on this issue already.
Some markets can fail due to the nature of their exchange.
There is a reason some services were publicly provided in the first place: the market failed to provide adequately for all.