4 ms·
Yup, free markets love monopolies. Government regulation is necessary, but it should be aimed at stimulating competition, not protecting vested interests. Of c
by antimagic 12y ago
Yup, free markets love monopolies. Government regulation is necessary, but it should be aimed at stimulating competition, not protecting vested interests. Of course, in the real world corporations have shown themselves to be rather gifted at regulation capture, so we often see governments providing regulations that harm consumers in the name of protecting producers.