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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.