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


To: TimF who wrote (862926)6/10/2015 4:07:41 PM
From: combjelly  Read Replies (3) | Respond to of 1574485
 
AS Brumar pointed out, monopolies are pretty much the government forcing you to do business with someone

Bruce is never right about anything. This falls in line with his history. Every business sector tends towards monopoly, either actual or de facto, if it isn't watched. Microsoft has a monopoly on the desktop without any input from the government. Google has a de facto monopoly on search to the point that Bing uses Google to supplement its searches. I don't recall the government forcing anyone to use them. US history is full of monopolies that didn't depend on the government forcing anyone to do anything. Intel has a defacto monopoly on x86 processors, now what did the government do to force that one? Amazon has a de facto monopoly on online retail. Exactly how does the government force that one?

The US and world economies is becoming more and more dominated by monopolies.

Market advocates have had their way for years now and one of the consequences has been the growing dominance of industry after industry by a select few powerful corporations. In short, unchecked competition can and does produce its opposite: monopoly.



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