Monopolies don't foster innovation, which is the implicit claim you are making. If the ROI on a lab is the best of available options and the company has suffic

Monopolies don't foster innovation, which is the implicit claim you are making. If the ROI on a lab is the best of available options and the company has sufficient capital then... it will get done. Being a monopoly makes the capital part easier, but a non-monopoly of sufficient size would make the same decision. And the direct effect of monopolies on innovation is even worse: that the directly stifle competitors.