Wednesday, July 15, 2015

Monopoly and the Free Society

One of the criticisms that voluntaryists receive is that in a free society, what's to stop someone from obtaining a monopoly on the provision of a good or service? If there's no central anti-trust regulator, a business could use all sorts of tactics and schemes to secure for themselves a monopoly in the market. Is this a valid criticism? Not really.
Read the rest at EVC.

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