Pick your monopoly: Apple or Amazon

As a general rule, we don't prefer monopolies. We know that, over the long run, monopolists tend to raise prices, reduce choice and stifle innovation.

But are monopolies so bad that we might want to tolerate a little price-fixing by customers or suppliers in order to break them?

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Paul Kane, Rosalind S. Helderman 11 Mar, 2012


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Source: http://feeds.washingtonpost.com/click.phdo?i=0a136dc2d24a6e80830b7923131fd1f9
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