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It certainly isn't a legal or financial definition because Americans seem to have no problem at all with regional monopolies.
by jklinger410 6y ago
It certainly isn't a legal or financial definition because Americans seem to have no problem at all with regional monopolies.
- crazygringo 6y ago"No problem at all?" I don't know any American who likes their local ISP monopoly. To the contrary, we have HUGE problems with them. I'm not sure there's any company more vilely detested in America than Comcast. Alas, for some reason the Democratic party hasn't shown any real interest in regulating them or promoting competition, which is a failure of democracy. I don't personally know why -- I could guess something about campaign contributions and lobbying but if anyone actually knowledgeable could speak up I'd love to know.
- jklinger410 6y agoWeird, I don't really hear any citizens complaining about Google being a monopoly. But I hear people complaining about local ISP monopolies. Yet the government seems to be focused on solving the non-issue, and perpetuating the issue. Is it possible that the American government doesn't represent the will of the people? Just spitballing here...
- mrep 6y agoBased on what? Regional monopolies such as cable ones led my comcast are widely considered the most hated companies in existence so much so that south park even made an episode about it.
- arrosenberg 6y agoIt seems more likely that regional governments don't have the power to break up those monopolies, thus people are forced to live with them.