Quote:
Originally Posted by PKFFW
Hence why most countries have both laws against anti-competative practices and laws preventing true monopolies. If Capitalism truly allowed for many companies offering the same product to peacefully co-exist and compete evenly and openly there would be no need for such laws.
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Ralph's right: You've got a really funny idea of capitalism.
Capitalism allows for competing products to coexist
today... there are plenty of examples. Products can compete, specifically because they are not all the same: Company A offers a square widget with a manual crank, while company B offers a round widget with a solar-charged crank, and consumers can choose which they want.
Monopolies are not inevitable products of capitalism, nor are they intended goals of capitalism; they are
aberrations, a sort of capitalist
cancer, that ultimately damages the concept and process of capitalism...
that is why there are laws to prevent them, just as there are laws to prevent other undesirable aberrations that can damage a capitalist system, such as unfair labor practices, false advertising, unsafe products and price-gouging.