Seems reasonable to assume a private company would solely increase the price of water and gradually try to find other ways to solve the problem.
1) Become dictator of all California via military coup. 2) Create water monopoly that has rights over all water sources. 3) Regulate said water utility.
Totally reasonable.
I can't tell if that was an irony...
Seems reasonable to assume a private company would solely increase the price of water and gradually try to find other ways to solve the problem.