RE: OUR unemployment rate
March 16, 2010 at 1:47 pm
(This post was last modified: March 16, 2010 at 1:48 pm by Rhizomorph13.)
Ya know, proving that there are bad monopolies does not prove that ALL monoploies are bad. Monopolies are generally a bad thing but if managed correctly they can be good for the consumer through the price benefits that economies of scale could provide were the company to pass them along to the consumer. The obvious problem is that it is much easier to simply keep those profits and price your product low enough to present a difficulty to competitors entering the market. A wise competing company would figure out some other way to differentiate their product.
Rhizo
Rhizo