Barry Shein writes:
From: "Perry E. Metzger" <perry@piermont.com>
Monopolies are a chimera, a myth. Almost all monopolies that last for more than a couple of years have been the result of government regulation preventing market entry -- AT&T being a shining example.
It is disingenuous to claim that monopolies are a myth merely because they haven't existed in recent history.
I'm arguing that they haven't ever really existed, except with government intervention to create them. Pick a point where you claim they have existed and an example or two of a lasting monopoly and we can talk.
Would you claim there have been no anti-monopoly or anti-trust actions ever (successfully) prosecuted under Taft-Hartley?
Would you claim that there have never been successful prosecutions for witchcraft? Perry