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So the solution to the problem of high barriers of entry is to make the barriers even higher? The issue I see with the idea of barriers to entry is that a mono
by digitalfour 16y ago
So the solution to the problem of high barriers of entry is to make the barriers even higher?
The issue I see with the idea of barriers to entry is that a monopoly (or oligopoly) rarely if ever actually increases the quality of the service provided.
Many rail against various companies for monopolistic practices, but it suddenly makes sense to have a monopoly water or cell phone service?
Perhaps this is a solution in search of a problem.