> It's possible that if one company does end up with a monopoly, they will treat their employees better. If they can get away with paying employees so little,

> It's possible that if one company does end up with a monopoly, they will treat their employees better. If they can get away with paying employees so little, why would they voluntarily pay more as a monopoly? (Presumably they wouldn't have a monopoly in the labour market, in which case I would expect pay to remain the same, rather than worsen.)