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Ma Bell was not a natural monopoly either. It was created by law.
by stretchwithme 12y ago
Ma Bell was not a natural monopoly either. It was created by law.
- sukilot 12y agoThat's not what [natural monopoly] means.
- MacsHeadroom 12y agoA "natural monopoly" is basically any monopoly with a high barrier to entry, for example having a high infrastructure/start-up cost. In this sense Ma Bell was a natural monopoly. Social networks could be considered natural monopolies for similar reasons.