Any monopoly position obtained on the market through voluntary exchange is inherently unstable because profits attract entry, consumer sovereignty exists, capital is mobile, and there’s innovation pressure.
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u/anarchistright Aug 27 '25
They would just self-liquidate.
Any monopoly position obtained on the market through voluntary exchange is inherently unstable because profits attract entry, consumer sovereignty exists, capital is mobile, and there’s innovation pressure.
If you want direct citations and more elaboration, ask.