Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/3/84; site talcott.UUCP Path: utzoo!watmath!clyde!cbosgd!ihnp4!zehntel!dual!amdcad!decwrl!decvax!genrad!wjh12!talcott!gjk From: gjk@talcott.UUCP (Greg J Kuperberg) Newsgroups: net.politics Subject: Re: roads Message-ID: <157@talcott.UUCP> Date: Sun, 2-Dec-84 11:24:57 EST Article-I.D.: talcott.157 Posted: Sun Dec 2 11:24:57 1984 Date-Received: Thu, 6-Dec-84 07:43:42 EST References: <735@oliven.UUCP> Organization: Harvard Lines: 18 > I have yet to hear of a monopoly that existed ,permanently ,in > a free and unregulated market. ... > danw Before the anti-trust laws, there were quite a few monopolies, and they were relatively stable. The fortunes that were concentrated in the hands of one person, or two or three brothers, still exist as family fortunes. Example: Standard Oil. In many markets, the competitors did the moral equivalent: price fixing. Examples: Du Pont and its competition, Edison Electric (Now G.E.) and Westinghouse. --- Greg Kuperberg harvard!talcott!gjk "Madam, there is only one important question facing us, and that is the question whether the white race will survive." -Leonid Breshnev, speaking to Margaret Thatcher.