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> If it was natural, why was a government sanction necessary? Govt likes monopolies and companies like to have govt keep out competition, which is what the gov
by anamax 15y ago
> If it was natural, why was a government sanction necessary?
Govt likes monopolies and companies like to have govt keep out competition, which is what the govt did for AT&T.
Interestingly enough, AT&T had been a govt monopoly well before 1936 and then lost that and regained it again in 1936.
AT&T loved being a monopoly.
- w1ntermute 15y ago> Govt likes monopolies and companies like to have govt keep out competition, which is what the govt did for AT&T. A natural monopoly means that competitors are kept out naturally. No government intervention would be needed.