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There are natural monopolies and there are government granted monopolies and personally I believe the later are doing more harm than the former. Historically te
by bad_user 11y ago
There are natural monopolies and there are government granted monopolies and personally I believe the later are doing more harm than the former. Historically technology has made natural monopolies obsolete, but technology cannot bypass the law. Because when that happens, new trade agreements can be made and the law can simply be changed.
If getting rid of monopolies is the goal, we could get rid of patents and copyrights, government granted monopolies which are about creating artificial scarcity.