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How do you get efficient outcomes in monopolistic markets without government involvement? Where substantively do you feel more efficient government is problemat

• MikeCapone 18y ago
  Most monopolies are caused by government, though. Mostly through barriers to entry for competition..
  • unalone 18y ago
    Was Microsoft caused by government? I thought it was because Gates convinced businessmen that using his solution and standardizing it would be the most efficient for the workplace. And it took the government stepping in to decentralize things.
    • Darmani 18y ago
      Microsoft's monopoly in all areas is deteriorating due to the free market. For example, the browser market is now more of an oligopoly. Microsoft only maintains a majority market share because Firefox forced it to really put some work into IE 7. Monopolies do exist in free markets, but they tend to be unstable and relatively short-lived. Things like AT&T's 100-year monopoly definitely require some government intervention.
      • unalone 18y ago
        The question is, would Microsoft have broken up had it not been for Bill Gates being hauled in front of a federal commission and forced to break Microsoft into smaller divisions? Because the free market didn't split Microsoft, the federal government did. http://en.wikipedia.org/wiki/Criticism_of_Microsoft#Government_anti-trust_suits http://en.wikipedia.org/wiki/Criticism_of_Microsoft#Governme...