Exactly. When you are a monopoly power, especially in our times and coming decades, there is a high probability that innovation will stagnate and the focus and

Exactly. When you are a monopoly power, especially in our times and coming decades, there is a high probability that innovation will stagnate and the focus and management will shift to extracting cash from the company's customers. My contention is that the monopolies of the past had a long life. The monopolies of the future, will not be so fortunate and there will be someone else who will innovate better and creep up. This shift, in my view, is because the industrial production base of the world, has become fragmented enough and optimized enough, that the capital and effort to innovate have come down.