Re:Why do they still make car alarms? (2015)
by imtringued on Wednesday January 20, 2021 @04:28AM
(#25844363)
Monopolies form because there is no upper bound to how big a company can grow. Eventually it will be as big enough to serve the entire market.
In a free market you can still have the government as a market participant of last resort. You don't have to mess with the market itself. If only one company is needed to serve the entire market there is no reason for the government to not own a large share in it and steer it. The threat of government control should be a good incentive for companies to not grow too large relative to their competitors.
In a free market you can still have the government as a market participant of last resort. You don't have to mess with the market itself. If only one company is needed to serve the entire market there is no reason for the government to not own a large share in it and steer it. The threat of government control should be a good incentive for companies to not grow too large relative to their competitors.