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Natural monopolies are near impossible, and have never harmed anyone. I've only heard of 2 in all of U.S. history. I don't remember which they were, but they di
by eglover 12y ago
Natural monopolies are near impossible, and have never harmed anyone. I've only heard of 2 in all of U.S. history. I don't remember which they were, but they didn't last long and they were entirely insignificant in the grand scheme of things.
- ThomPete 12y agoNatural monopolies are indeed possible and they are indeed of course harming people. DeBeers being just one example of that.
- eglover 12y agoDeBeers only has a 40% market share, bad publicity is a major driver for them. At their highest they only had 90% share, that means there were other choices. >.> Not a monopoly. No real harm either. If you want to complain about where the money went after the transactions were made, that's another subject. You're so set on arguing with me. I think it's best if you sat down.