begin quoting Neil Schneider as of Fri, May 06, 2005 at 03:02:16PM -0700: > Stewart Stremler said: [snip] > > I spent a few moments reading verious definitions, and I didn't find > > any that implied some kind of extra-market wrong-doing. > > A monopoly doesn't necessarily entail wrong-doing. On the other hand, > if you have a monopoly who is going to tell you you're doing wrong? The government, presumably.
Failing that, wackos with home-made bombs. [snip] > There is no presumption in the definition. However, a monopoly gives > the possesor of that monopoly unlimited power over price, quality and > suitability of use of hte product that they sell. For most mortal > humans that's too much temptation. Most? I'd rather weaken that assertion to "many". But yeah, the _effect_ of a monopoly is often undesirable. -Stewart "Thus, the judicious use of limited monopolies." Stremler
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