2 ms·
> The problem is that monopolies aren't just bad because they raise prices, they're bad because they are monopolies. The specific harms raised are valid, but I
by Isamu 7y ago
> The problem is that monopolies aren't just bad because they raise prices, they're bad because they are monopolies.
The specific harms raised are valid, but I get tired of this generalization. The Bell System was an example of a well regulated monopoly.
- georgeecollins 7y agoSome monopolies are necessary, like utilities. But they need to be regulated.