No one suggests that competition can not or does not exist in areas at times. What I offer is the idea that the emergent (in a completely deregulated environment) outcome is a monopoly (or cartel acting as a a de facto monopoly).
I suggest events such as the Lincoln County War, or any of a number of company towns from 1890s through 1920s of the United States.
No one suggests that competition can not or does not exist in areas at times. What I offer is the idea that the emergent (in a completely deregulated environment) outcome is a monopoly (or cartel acting as a a de facto monopoly).
I suggest events such as the Lincoln County War, or any of a number of company towns from 1890s through 1920s of the United States.