
Keeping it Simple | Ep.33: Goliath vs. Goliath
Keeping it Simple with Simplify Asset Management
The Role of Monopolies in the Economy
This chapter discusses the concept of monopolies, including natural monopolies and banks as regulated utilities. It explores the removal of public utility regulations, identifies traits of a good monopoly, and examines the need for public utility rules in various industries. The chapter also explores approaches like competition policy and antitrust to address monopoly problems, highlighting potential dangers and providing a real-life example.
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