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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (299987)8/14/2006 9:43:45 PM
From: TimF  Read Replies (1) | Respond to of 1575659
 
Yes they are services. Monopolies can provide services.

you might as well count the military, the judicial system and police

They are monopolies as well, although more "natural monopolies" then the post office or education. It is rather difficult to have effective competition in those services. Where there is competition it is usually the competition of physical force, not market competition and it tends to be quite destructive. But "natural monopolies" are still monopolies.