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Another problem with monopolies is that they atrophy so much that they can fail to even maximize their own profit. And I didn't say you would get a great deal
by nwah1 4y ago
Another problem with monopolies is that they atrophy so much that they can fail to even maximize their own profit.
And I didn't say you would get a great deal from a rational monopolist. I said that you would get tiered services that keep consumer surplus as low as possible.
But T-Mobile is not a monopoly.