Episode 110: Is Facebook a Monopoly?
Words & Numbers
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The Power of Government to Maintain a Monopoly
If Elizabeth Warren had it in her head to start talking about breaking up internet companies back then, she would have targeted MySpace. The thing that we keep coming back to is that there can be monopolies, but there can only be monopolies if government puts its blessing on them. It takes the power of government to maintain a monopoly.
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