Quote:
Originally Posted by fjtorres
And while monopolies aren't inherently illegal, most cartels are by definition illegal in many countries. (There's even a honking long thread about that somewhere 'round these parts.)  |
Absolutely. Not every monopoly is a problem. Unless there are high barrriers to entry (and the author points out Google and Apple as likely competitors around for the long haul), the fact that there are only a few players in the market is capitalism.
On the other hand, Big 6 do have a monopoly on pbooks, and acted as a cartel to preserve their monopoly and raise prices outside of market forces.