Submitted by stran___g t3_10l4khe in technology
Ayjayz t1_j5wep71 wrote
Reply to comment by PineBarrens89 in Google sued by US Dept of Justice over web ad monopoly by stran___g
Has this ever been observed? Has a free market ever led to a natural monopoly happening? It seems like all of the time, the government says that something is a natural monopoly and then creates an artificial monopoly.
SIGMA920 t1_j5x4ybs wrote
Yes. See ISPs, any kind of utility like electricity, and anything on a state to state scale. On that scale it's not cheap and it's the main problem with them having competition.
Ayjayz t1_j5y4ae8 wrote
Has this been observed? Or are you guessing?
SIGMA920 t1_j5yx2z7 wrote
Yes. The cost of building out networks for an ISP is cost-prohibitive even when you have everything going for you for example. You don't see 5 different pipes being dug by 5 different water companies, .etc .etc.
Ayjayz t1_j60b56p wrote
Can you give an example, then? Which countries had a natural monopoly before the government intervened?
SIGMA920 t1_j60dhdk wrote
Countries? What does the country matter when it comes to an industry being a natural monopoly?
Ayjayz t1_j60dykv wrote
You tell he. You're the one claiming that natural monopolies exist. Which countries or industries have had natural monopolies, and in what regions and industries? What real-world evidence are you basing your belief on?
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