So when corporation lobbies the government to eminent domain your property, how does one opt out of that transaction? Ultimate power is money as it buys anything.
But at that point you've brought the government back in to it and we're right back where we started. If the government didn't have the ability to create monopolies for the sake of their donors, it wouldn't be a problem.
Monopolies are natural; they are the end state of most markets in most market economies. Capital distribution follows a power law, and that implies that a few big players always end up controlling the majority of a market unless you explicitly break them up. This is really basic.
>Monopolies are natural; they are the end state of most markets in most market economies. Capital distribution follows a power law, and that implies that a few big players always end up controlling the majority of a market unless you explicitly break them up.
The latter does not imply the former. A monopoly is defined as _a single big player_. That's what the mono means, one! Like in monorail or monotone. If there are "a few big players", that is by definition an oligopoly, not a monopoly. This is _really_ basic English.
That's both incredibly condescending and wrong. "One mega company owning every industry in the world" is not the only way to have a monopoly.
You can have monopolies on specific industries or in specific regions (e.g. AT&T and Comcast split up towns in a state and each one is the only provider in that town).
So was the parent's statement of "This is really basic" when they hadn't provided any evidence or even a clear claim (did they mean a few big players controlling each market, as in the fuel market, apple market, etc., or a few big players controlling a market as in the American market, European market etc).
