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by dools 2773 days ago
Okay so they're not illegal. I wouldn't say "perfectly fine" though... As you point out, it's a temporary situation in the case that they're not being anti-competitive. I would argue that any situation where there is a natural monopoly it should be state run rather than privately run because that situation is, by its very nature, anti-competitive (first in, best dressed!)
1 comments

> Okay so they're not illegal. I wouldn't say "perfectly fine" though

From a anti-trust perspective, not-illegal is perfectly fine.

> I would argue that any situation where there is a natural monopoly it should be state run rather than privately run because that situation is, by its very nature, anti-competitive (first in, best dressed!)

Argue as much as you want, the real world has consistently shown that government-run enterprises, with rare exceptions, are inefficient drains of resources.

> the real world has consistently shown that government-run enterprises, with rare exceptions, are inefficient drains of resources.

That is a ridiculous assertion, that stems purely from libertarian propaganda.