Monopolies are not beneficial for customers. They are always maximally beneficial to the monopolist, because customers have no choice. Therefore, customers wi

Monopolies are not beneficial for customers. They are always maximally beneficial to the monopolist, because customers have no choice. Therefore, customers will be forced to always pay the maximum amount for a good, instead of being able to bargain for a lower price. As capitalism is based on creating efficiencies of market through customer choice, I have to wonder why mercantilism is back in vogue with a new coat of paint.