[lbo-talk] Re: Ok, I Need Some Education

Doug Henwood dhenwood at panix.com
Tue Mar 2 14:23:27 PST 2004


BklynMagus wrote:


>Eventually the free market will have losers and the winners who are
>left will tend to monopoly.

Tend towards concentration, yes. Competition usually leads to consolidation (mergers, takeovers, failures, etc.). But never monopoly - there's always some upstart or technological change to topple any would-be or near-monopolist. Even Microsoft will fall someday.

Doug



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