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> Monopolies aren't inherently bad - especially not ones like Bell, where they're beneficial to everyone. That is an interesting thought. What other examples a
by thisisit 9y ago
> Monopolies aren't inherently bad - especially not ones like Bell, where they're beneficial to everyone.
That is an interesting thought. What other examples are there for monopolies being inherently good for everyone?
- Mononokay 9y agoAlthough not entirely the same thing: Google has a semi-monopoly on a lot of things, and they're most certainly a rough net gain for everyone. Standard Oil did (minus the environment); under their monopoly prices were incredibly cheap. The person who benefited most from the split was Rockefeller, who you've probably heard of.