On 4/26/2014 3:01 PM, Owen DeLong wrote:
On Apr 24, 2014, at 8:38 PM, Larry Sheldon <LarrySheldon@cox.net> wrote:
Monopolies can not persist without regulation.
This is absolutely false. Regulating monopolies CAN protect monopolies, but that’s not always the outcome.
Monopolies absolutely can persist without regulation. Except in the most highly dense population areas, there is not a sufficient market to support the deployment of more than one copy of a given media type to that population. As a result, there is, in most places, a natural monopoly in each media type, whether that’s electrical, water, cable, twisted pair, fiber, etc.
Sounds like the market at work, not monopoly power......I've never heard the term "monopoly" used where the market contains all the players that want to play. -- Requiescas in pace o email Two identifying characteristics of System Administrators: Ex turpi causa non oritur actio Infallibility, and the ability to learn from their mistakes. (Adapted from Stephen Pinker)