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Monopolies, like externalities, are a huge source of market failure.

Though ironically sometimes the solution to negative externalities is a (regulated) monopoly.




So now we are suppose to discourage companies from getting big? Everytine a company gets big do we really want the government to step in? Do your trust your government? Wouid you trust your government if it was the “other” party?

It amazes me that people on HN willingly want to give up their agency to the government.


Huh? Where did anyone say anything about companies getting big? At this case you're just making strawman arguments.

What I (and I think others) are against is anti-competitive behavior. I don't trust the government a whole lot (even my party) but I trust it more than I would a company behaving monopolistically.


By HN standards, Apple (with a 40% market share) and Amazon (10% of all retail sales) is a monopoly.

The difference is that the government has the power of law to compel me to do something. A company doesn’t. Given that choice, a government with less power is better.




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