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0 pointsAloisius12y ago0 comments

> not "natural monopolies" (which have never existed).

Tell that to Standard Oil or The American Tobacco Company.

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Do 10 minutes of research on Standard Oil. Not a great example.

I suggest spending more than 10 minutes of research on it. Standard Oil is quite literally the textbook example of a natural monopoly.

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Do 10 minutes of research on Standard Oil. Not a great example.

AloisiusOP12y ago

I suggest spending more than 10 minutes of research on it. Standard Oil is quite literally the textbook example of a natural monopoly.

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