View Poll Results: Do you believe in natural monopolies?

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Thread: Do you believe in natural monopolies?

  1. #71
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    Re: Do you believe in natural monopolies?

    Question:

    If an entity (such as a business), through lawful and fair methods (such as better product, lower price, customer service quality, etc.), can become a monopoly...Is this wrong, and is it necessary to eliminate such a monopoly?
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by The Mark View Post
    Question:

    If an entity (such as a business), through lawful and fair methods (such as better product, lower price, customer service quality, etc.), can become a monopoly...Is this wrong, and is it necessary to eliminate such a monopoly?
    Good question, in my opinion it isn't necessary.
    I don't know of any that has existed though.
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by The Mark View Post
    Question:

    If an entity (such as a business), through lawful and fair methods (such as better product, lower price, customer service quality, etc.), can become a monopoly...Is this wrong, and is it necessary to eliminate such a monopoly?
    Believe me, an entity that can abide lawful and fair methods (such as better product, lower price, customer service quality, etc.) must still be in the process accessing the monopoly but not completely yet. Once it achieves the monopoly position, all its better product, lower price, customer service quality... will be ransferred out of the entity.

  4. #74
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by The_Patriot View Post
    A simple question to start a discourse.

    I do not believe in natural monopolies since they wouldn't exist in a free market. They only exist when the government regulates in favor of established businesses, which bars entry into the marketplace from newer competitors.
    (I'm sure someone alreayd mentioned this) But many businesses become monopolies because of customer things like loyalty, favor, good rapport and so on. . . . without extra effort or any gimiks on behalf of the company.
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by crebigsol View Post
    Believe me, an entity that can abide lawful and fair methods (such as better product, lower price, customer service quality, etc.) must still be in the process accessing the monopoly but not completely yet. Once it achieves the monopoly position, all its better product, lower price, customer service quality... will be transferred out of the entity.
    Why do you think/know this?
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by The Mark View Post
    Why do you think/know this?
    Do you agree with me?

    If you don't, why do you think/know the opposite is truer?

    If you do, you must have seen the reason: Monopoly in a certain field means absolute power in this field.

  7. #77
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by drz-400 View Post
    This is irrelevent. If the average total cost of a firm is continually declining it is a natural monopoly. More entrants would mean that each firm produces less, which means each firm faces a higher average total cost. This makes entrance unattractive. It does not really matter if the government causes this or not. [...]
    It does, that was the topic of discussion. Not what a monopoly is, but why they arise.

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    Re: Do you believe in natural monopolies?

    Amusing. Mix a little bit of harry and Gab and you get the answer.

    Some monopolies exist because of government and some monopolies were taken down because of government.

    Utilities are a questionable example, particularly because without a guaranteed monopoly from the government, there wouldn't be the investment.
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    Re: Do you believe in natural monopolies?

    I can give you a natural monopoly: PG&E, or any other electrical company. Due to the nature of electrical grids, it is nigh impossible to have more than one supplier deliver to a neighborhood.
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  10. #80
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    Re: Do you believe in natural monopolies?

    Quote Originally Posted by the makeout hobo View Post
    I can give you a natural monopoly: PG&E, or any other electrical company. Due to the nature of electrical grids, it is nigh impossible to have more than one supplier deliver to a neighborhood.
    Theoretically, it doesn't need to be a monopoly.
    We'd have to switch to DC to make it work in a competitive environment though.
    I suppose it could continue as AC.

    Those type of monopolies are on their way out(albeit slowly), with the advent and more popular usage of solar panels.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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