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To: TigerPaw who wrote (4395)	5/19/2000 7:58:00 PM
From: Maurice Winn	Respond to of 5853

TP, it's a bit presumptuous to say a Ford, GM, Toyota and Volkswagen are fungible but a Yugo and Ferrari are not. Maybe Toyota people think their products are NOT the same as GM. I think they are different. Cars and horses do more than take people from A to B, but if we define the market as moving people from A to B, then there is competition from walking to Ferraris. So there is no monopoly. But if you define a market as being cars over $200,000, red, with huge engine power blah blah blah then suddenly there is a monopoly and of course, Ferrari should therefore be broken up - their prices sure do damage consumers. Same thing applies to Toyota's Camry = it has a unique set of features which no others have and my interests as a consumer have been damaged because I had to pay more than a Ford or Yugo to get them. I didn't miss the point that some cars are similar. My point is that if you look closely, you will find differences and therefore a monopoly everywhere you look; right down to every transaction for any item which is a monopoly in time and space and product. It's just a matter of drawing arbitrary boundaries to catch the person or company that is targeted. But widen the boundaries a little and 'monopolies' disappear. It's pretty simple really. Mq