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by kaibee
1744 days ago
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> Was that because they got big, or was it because they were granted a government monopoly? The first one. Natural monopolies exist. This libertarian talking point of "there wouldn't be monopolies without government intervention" is lunacy. |
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Can you provide the legislative history that supports this? According to wikipedia airlines, cell phone companies, cruise ships, and shipping companies operate as common carriers, even though none of them are controlled by monopolies.
> Natural monopolies exist. This libertarian talking point of "there wouldn't be monopolies without government intervention" is lunacy.
I'm not a libertarian, but I can still see the difference between "it would be really expensive to lay another set of phone lines" and "the state forbids you from laying another set of phone lines".