Comments on: Why No Monopoly is Good http://www.minthegap.com/2009/11/11/why-no-monopoly-is-good/ Standing in the Gap in a Society that's Warring with God. Wed, 25 Jan 2012 19:17:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MInTheGap http://www.minthegap.com/2009/11/11/why-no-monopoly-is-good/comment-page-1/#comment-85703 MInTheGap Wed, 18 Nov 2009 04:01:07 +0000 http://www.minthegap.com/2009/11/11/why-no-monopoly-is-good/#comment-85703 But gas is also not the only energy form that comes to the house-- you have oil you can choose, electric, propane and wood stove. If there was only one means to get energy to the house, then that would be a bigger issue that you portray. Monopolies tend toward complacency and usually lack the drive to innovate. Hence why, after atrophy sets in, smaller companies can come in and grab market share-- and so they should! But gas is also not the only energy form that comes to the house– you have oil you can choose, electric, propane and wood stove. If there was only one means to get energy to the house, then that would be a bigger issue that you portray.

Monopolies tend toward complacency and usually lack the drive to innovate. Hence why, after atrophy sets in, smaller companies can come in and grab market share– and so they should!

]]> By: John @ Curious Cat Investing and Economics Blog http://www.minthegap.com/2009/11/11/why-no-monopoly-is-good/comment-page-1/#comment-85692 John @ Curious Cat Investing and Economics Blog Sat, 14 Nov 2009 13:30:34 +0000 http://www.minthegap.com/2009/11/11/why-no-monopoly-is-good/#comment-85692 I agree monopolies are bad in general. There are natural monopolies that actually are good though: they should just be regulated. For example, it makes little sense to have multiple gas distribution systems (to the home). So there is a natural monopoly in that business. Now you can still have competition on the sale of gas over the distribution system. .-= John @ Curious Cat Investing and Economics Blog´s last blog ..<a href="http://investing.curiouscatblog.net/2009/11/11/financial-transactions-tax-to-pay-off-wall-street-welfare-debt/">Financial Transactions Tax to Pay Off Wall Street Welfare Debt</a> =-. I agree monopolies are bad in general. There are natural monopolies that actually are good though: they should just be regulated. For example, it makes little sense to have multiple gas distribution systems (to the home). So there is a natural monopoly in that business. Now you can still have competition on the sale of gas over the distribution system.
.-= John @ Curious Cat Investing and Economics Blog´s last blog ..Financial Transactions Tax to Pay Off Wall Street Welfare Debt =-.

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