Quote:
Originally Posted by HarryT
Are you suggesting that it's a bad thing?
|
I suggest that almost any monopoly is a bad thing in the long run. A lack of competition removes an incentive for true innovation. It removes any need for a manufacturer/retailer/etc to lower price. It takes away choice from the consumer.
And when a select few "compete" against each other while having luncheons to make sure they're on the same page, agree to price points through a third party (Apple), and in the past have magically all set their pricing to the same point within days of each other (paperback book prices)...it's effectively a monopoly.