[dd36]

Google. Microsoft. Facebook. If it weren’t for antitrust, there’d be a lot fewer cell phone companies or airlines. I mean, it’s harder to name an industry where there hasn’t been consolidation. The only thing stopping it is the law. Consolidation was basically illegal until the 1980s. If you wanted to grow, you had to compete.

[olalonde]

Wrong. Also, none of the companies you listed are monopolies.

[dd36]

Google was literally declared a monopoly by a court recently. Facebook and Apple both are oligopolies or monopolies in certain market segments. Apple has a monopoly on app store and on device payments. These things are bad enough that they’re being litigated.