> The free market's great IF there's competition. If you have a free market finding competition isn't an issue, but maintaining profitability is. If we had a f

> The free market's great IF there's competition. If you have a free market finding competition isn't an issue, but maintaining profitability is. If we had a free market when Google came onto the scene, everyone else would have copied PageRank the next day, and then you'd have hundreds of search engines all as good as each other, each sharping their pencils sharper and sharper in an attempt to win customers over on a price basis until there is nothing left. At which point there is nothing left to further innovation. To combat that, we grant short-term monopolies over technology to allow their inventors time to build up a decent business before opening the flood gates, with the intent to balance what makes mixed-market economies great without ending up with no competition. The problem is that those monopoly procedures were established when time moved slowly. Back then, 20 years was barely enough time to get your product to and recognized in the market. These days, you can get there in a few years, or even less, which leaves nearly 20 more years to focus on killing all the competition. Ultimately, we would have been better off if Google was pushed out into a free market after a few years. We benefitted from it having some head start, but it went on much too long.