Unraveling the Fallacy of Natural Monopolies

Most cartels and trusts would never have been set up had not the governments created the necessary conditions by protectionist measures. Manufacturing and commercial monopolies owe their origin not to a tendency immanent in capitalist economy but to governmental interventionist policy directed…#ludwigvonmises #emphasis

Source: Reuters: Health - July 1, 2023 Category: Consumer Health News Source Type: news