3 ms·
Edit: And the economical communications would be a method for combating existing network effect/economies of scale challenges. Ford and Standard Oil have been
by raintrees 7y ago
Edit: And the economical communications would be a method for combating existing network effect/economies of scale challenges. Ford and Standard Oil have been cited by others as examples of perceived natural monopolies that existed without the assistance of government regulation/legislation.
https://fee.org/articles/41-rockefellers-standard-oil-company-proved-that-we-needed-anti-trust-laws-to-fight-such-market-monopolies/ https://fee.org/articles/41-rockefellers-standard-oil-compan...