Full deregulation of business seems like the best possible solution, until the point that companies become so big that they form monopolies that stifle competition. Then the government has to come in and regulate them until they are no longer monopolies. From your comments, I assume that you agree with this, let me know if you have different views.
Well, I don't think natural monopolies exist (as we discussed previously), only regulatory monopolies.
So, I don't think companies can become so big that they become natural monopolies.
I had written about some example cases that help support this (IBM, MS, Bell Telephone), but it was too long and probably not worth it, so I removed them.
Well, I don't think natural monopolies exist (as we discussed previously), only regulatory monopolies.
So, I don't think companies can become so big that they become natural monopolies.
I had written about some example cases that help support this (IBM, MS, Bell Telephone), but it was too long and probably not worth it, so I removed them.