I know what socialism means. You seem not to. I haven't anywhere advocated state ownership of businesses - in fact I very clearly stated that I believe in a free market with only that level of regulation required to keep it free from monopoly abuse.

You are wrong. there is no monopoly abuse when monopoly doesn't have extra support from government.

How could monopoly (if monopoly happen at all) abuse ?

Selling below costs? OK let they sell, others will wait a bit or even buy the products until monopoly will not have money to continue this, then compete with the monopoly by selling back what they bought on below-cost prices.

Forcing others to stop producing? how?

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