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Please explain, how do you get an efficient market without monopolies if you don't have anti-trust regulation?
by gopher1 13y ago
Please explain, how do you get an efficient market without monopolies if you don't have anti-trust regulation?
- jpadkins 13y agoPlease name a natural* monopoly or cartel? *not created by the government or by government regulations. The most monopolistic sectors of the economy (FIRE, healthcare, energy, defense) are also the most regulated.
- alex_young 13y agoPlease name a company which thrives without a government or government regulations.
- nikatwork 13y agoThe monopolies create regulations through lobbying (aka bribery). You anti-regulation people have it nearly right but stop short of the deeper truth. The problem is not the concept of regulations, the problem is a corrupt-by-design government that accepts cash payments to create unfair regulations.