No that's where you're wrong. Monopolies are the natural end to any market because monolith entities like that are the most efficient. Competition is less efficient from a profit perspective. That's exactly why anticompetition laws exist, and were created long before government intervention into the market. The train monopolies were due to the free market, not despite it.
No that's where you wrong. Monopolies are the natural end to any market because monolith entities like that are the most efficient. Competition is less efficient from a profit perspective. That's exactly why anticompetition laws exist, and were created long before government intervention into the market. The train monopolies were due to the free market, not despite it.