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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (41273)8/14/2012 3:27:04 PM
From: Cautious_Optimist   of 46821
 
Monopoly (or oligopoly) capitalism is not a free market and does not maximize the wealth of a nation. Nor does it optimize superior technological innovation.

Like a sports referee maximizing fair competition under constantly improving rules, it is a desirable role for government to ensure the level playing field and rules for business battle.

As Alan Greenspan learned from the financial services industry, amoral "self-regulation" is ultimately not sustainable.

Even Adam Smith abhorred monopoly.

Ultimately such matters left to the players end up expensive battles between enterprises, in court, which is a massive economic cost; where deep pockets is the virtual value proposition.
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