From the Economist: Shumpeter - History's biggest firms We seem to have forgot the lessons of the 19th century that finally forced Congress to pass a law that forbade the evolution of corporate monopolies. The act in question is the Sherman Anti-trust Act of 1890. Excerpt from Wikipedia here: It seems we've forgot the whyfor of the anti-trust law. Because aggregation of Supply negates Demand competition, and thus the illegal profits are derived from the higher prices that all consumers must pay. Which continues today to make billionaires* in America. Bill Gates being only one example of many oligopolists in America. Let's remember why it is against the law to consolidate markets under the control of just one country. Because, by doing so, we, the sheeple, pay one helluva lot more than necessary for the product/service delivered ... *And what do the billionaires do with their illicit gains? In part, they use the money to assure that politicians who favor their cause will shoot-down any laws that might interfere with obtaining said gains.
OMG! That's the libsocialist's best example? It costs almost nothing for Windows. We'd all save perhaps $16/year if there was more competition but then lose it with communication problems between different operating systems. Lets be honest: 1) this is not a coercive oligopoly but rather a benign one that offers us great quality and low price to beat the competition. 2) Bill Gates spends his money far better than govt bureaucrats ever would 3) as a typical libsocialist you want violent govt to steal Gate's money at gunpoint just like you want 1001 other violent libcommie interventions in our economy.
