|
|
|
|
|
by davvolun
2065 days ago
|
|
Regarding your edit > Unless granted by a government, monopolies don't exist in free markets. You made that claim, it's your responsibility to prove it first, not everyone else's to disprove it after you've made a flat, unsubstantiated claim. What is your definition of "monopoly" and "free market"? If I define "free market" as any market which is incapable of forming a monopoly, then yes, your statement is trivially true. But it naturally dis-includes a wide variety of markets that actually exist and may actually have monopolies. |
|
I also refer to my other comment in this thread (long, I refer to Apple and Epic) about why a definition of monopoly is necessary and also impossible.
I will add the exception of a government granted monopoly. In that case the government passes a law in which a company or whomever has the unique privilege to supply a product to the market, the precise definition of which will be given in the government's law.
Whereas you have not given a definition of a monopoly I will define a free market as the array of voluntary transactions between people/groups in a society, absent any threat of violence.