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A comment on Everything that is wrong with American capitalism, in one headline. Parent comment

Re:Everything that is wrong with American capitalism, in one... by kar2014 on Monday April 28, 2014 @07:55PM (#7663932)
Remember ATT bid for T-Mobile? FCC stopped the deal to keep the competition and also so consumers have a choice. Same applies here but seems they are turning their eyes away. Your example of Picasso painting does not apply, by definition that is one of a kind item and only selected people want them, it is not a commodity, so market competition does not apply.
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Re:Everything that is wrong with American capitalism, in one... by smsm42 on Monday April 28, 2014 @08:10PM (#7664004)
Market is any set of voluntary exchanges, I just point out that some markets can have no competition despite being free. This can happen even in commodity markets, e.g. if somebody owns a huge chunk of the market. E.g. diamonds & De Beers. For telecom markets, there seem to be no substantial reasons why healthy competition can not exist on a free market.
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