points by soulofmischief 10 hours ago | 0 comments
I can show you many more examples of monopolies which did not produce PARC or Bell Labs than those which did. It's possible such research happened in spite of dominating the market, not because of it. Anyway, you cannot have both monopolies and strong regulators. These are incompatible situations. Monopolies occur because regulation doesn't exist or is captured.
[–] jyrkesh 9 hours ago
[–] soulofmischief 6 hours ago
I meant competent, but regulator strength in the way you're implying at its limit becomes monopolistic itself. So when I speak of regulation strength with respect to monopoly, I am speaking to the ability of a regulator to effectively both understand their duty and carry it out.
> Monopolies occur because regulation doesn't exist or is captured.
IMO, the stronger the regulator, the stronger the incentive to capture it.
Unless by "strong" you mean "competent"?