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No market is free when a monopolist controls it. For a market to be free, there must be actual competition. If the goal is to keep the market free, then the r
by tomohawk 3y ago
No market is free when a monopolist controls it.
For a market to be free, there must be actual competition. If the goal is to keep the market free, then the role of the government is to intervene to ensure a state of competition when such state does not exist.
If the goal is not to have a free market, then the role of government is to intervene and regulate the monopoly/oligopoly to ensure that people's constitutional rights are preserved and the monopoly is not used to obtain additional power or additional monopolies. AT&T was such a monopoly for many decades. They were prohibited from entering other businesses as it would just result in them expanding their monopoly.