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If you look throughout history the only monopolies that exist are those granted by the government. Sure standard oil captures a huge chunk of the market (by lo
by dantheman 17y ago
If you look throughout history the only monopolies that exist are those granted by the government. Sure standard oil captures a huge chunk of the market (by lowering prices over 90%), but they lose that advantage, by the time antitrust action was taken against them it had already lost a large chunk of its market. Antitrust law was originally passed because of the government involvement in the train industry.
Also, regulation increased under bush and so did oversight. We currently have the most regulations we've ever had, decelerating the rate of new regulation isn't actually removing it.
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