3 ms·
The telecom industry was actually one of the most famous examples of unregulated monopolies, Ma Bell... used in economics textbooks. So your choice is: big bus
by nickthemagicman 12y ago
The telecom industry was actually one of the most famous examples of unregulated monopolies, Ma Bell... used in economics textbooks.
So your choice is:
big business squelching competition directly
or
big business squelching competition through lobbying.
The problem still goes back to unchecked unregulated big businesses forcing themselves on the country with their market share and giant wealth.