The Myth of Natural Monopoly | by Thomas J. DiLorenzo
Monopolies are usually, almost without exception, instituted by governments. When on occasion a monopoly occurs in a free market (and it can) it is usually very short lived unless that firm can co-opt the government to create a regulatory “moat” around that firm to protect it from competitors. In short monopoly is basically a problem created by governments.
http://www.againstcronycapitalism.org/
Source: http://www.againstcronycapitalism.org/2015/01/the-myth-of-natural-monopoly-by-thomas-j-dilorenzo/
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