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> (theoretically at least) The “at least” is unwarranted, and even the “theoretically” is being far too kind. Of course if you allow a monopoly to develop the
by LeonB 2y ago
> (theoretically at least)
The “at least” is unwarranted, and even the “theoretically” is being far too kind.
Of course if you allow a monopoly to develop they will protect their own interests to the exclusion of others, and use their power to entrench their position. Even the oldest theories about markets point out the dangers of monopolies.