Are Some Monopolies a Necessary Evil?
Are Some Monopolies a Necessary Evil?
I remember when there was only one giant telephone service with many arms throughout the country: the Bell Company and the original American Telephone and Telegraph Company. In 1982 the anti-trust laws split the monopoly and as they say “the rest is history. However, my local utility company is the only game in town and it seems to be enjoying its death grip on consumers. If competition is such a great thing then why doesn’t it apply to EVERYONE?
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