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Only two categories of monopoly exist - businesses that use the government to maintain their position, and businesses that earn their position. Examples: * AT
by maxharris 18y ago
Only two categories of monopoly exist - businesses that use the government to maintain their position, and businesses that earn their position.
Examples:
* AT&T enjoyed a monopoly provided by the government; Alcoa did not.
* Aesthetic questions of instruction set aside, Intel is similar to Alcoa in that they earned their spot through execution (and knowing what's important; it's only obvious in hindsight that having the newest and biggest fabs anywhere trumps design in this industry.)
* Apple with iPod+iTunes. (Good)
* Google with Gmail. (Good)
* The United States Postal Service (Bad)
* Rail service through government-run Amtrak (Bad)