Sorry, what is GGP? What counter examples? > a poorly regulated market will almost certainly result in a great many monopolies A market regulated in poorly th

Sorry, what is GGP? What counter examples? > a poorly regulated market will almost certainly result in a great many monopolies A market regulated in poorly thought through ways can certainly lead to monopolies. But monopolies specifically are almost entirely due to regulatory capture. Case in point internet service in the US is almost always given either a de facto monpoloy or a straight up legislated monopoly for a particular area. That's why internet service in the US sucks so much. Countless regulatory burdens on businesses are designed to favor large companies, and is one of the many regulatory reasons that companies merge so often and industries in the US are oligopolies. And that's not to mention the actual government run monopolies like utilities and the post office. It was despicable that the post office killed Outbox and prevents people from using their own mailboxes however they want. https://smallbiztrends.com/2014/05/usps-killed-outbox-mail.html https://smallbiztrends.com/2014/05/usps-killed-outbox-mail.h... If the US had good representation, maybe the regulations it creates would generally benefit the consumer rather than entrenched business interests. Unfortuantely, that's not really the case today.