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> Monopolies are inherently harmful to the customer. A monopoly implies lack of competition. Depends why there is a lack of competition. Are there barriers of
by JI00912 5y ago
> Monopolies are inherently harmful to the customer. A monopoly implies lack of competition.
Depends why there is a lack of competition. Are there barriers of entry to the market? Were they put up by the company? Or do they just have such an awesome product at a great price they no one can offer a better / commutative alternative?
- deleted 5y ago[deleted]
- anoncake 5y agoThere are always barriers of entry. I don't know of any monopoly that exists where those barriers are low.