4 ms·
Airplane manufacturing sounds like a natural monopoly.
by hackerlight 3y ago
Airplane manufacturing sounds like a natural monopoly.
- pintxo 3y agoIt wasn’t for a long time. It sort of is now. The question is if, with new tech, we might be able to undo that?
- deleted 3y ago[deleted]
- mathgradthrow 3y agoWhat's your complaint? asteroid impacts are natural events too. I would like the government to try to avert those.
- hackerlight 3y agoNatural monopoly is a technical term, it doesn't mean naturally occurring in the sense you're implying.
- mathgradthrow 2y agoI'm sorry but you're exactly wrong. Natural monopoly means monopoly which is a direct consequence of nature, rather than through collusion and anticompetitive practice. Ie a "natural" monopoly. My analogy holds just fine.
- constantcrying 3y agoBut it isn't a monopoly? It is just an extremely capital intensive business. At least if you are building large passenger jets, everything else has quite a bit of competition.