Quote:
Originally Posted by Kali Yuga
That may be because there is nothing inherently wrong with a monopoly.
E.g. Apple has a near-monopoly at the moment on digital music. This has not prevented Apple from innovating, nor rival services like Spotify or Pandora from growing.
The problem is with anti-competitive behavior, not "being big."
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The problem is that "being big" makes some companies think that anti-competitive behavior is a viable option.
For example if the book publishing industry hadn't consolidating into the "big six" then they wouldn't have thought that forcing the anti-competitive agency pricing onto the resellers and consumers was a viable option.