That's right - wireless isn't a natural monopoly, but it is a natural oligopoly. Oligopolies tend to be better for consumers than monopolies, but still not grea

That's right - wireless isn't a natural monopoly, but it is a natural oligopoly. Oligopolies tend to be better for consumers than monopolies, but still not great, because the firms involved only have to deal with a few competitors and tend to develop cartel characteristics. Oligopolies also appear to be the future of the American economy, with new business formation on the decline and wealth + market share concentrating under the few largest players in many industries. So perhaps the discussion we should be having is, should we do something about oligopolies, and what? We already have antitrust laws, are they adequate? Are they being enforced?