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Escape the competition, w/PayPal's Peter Thiel

Masters of Scale

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Do We Regulate Monopolies?

Most people associate monopolies with the robber barons of the late nineteenth century. Peter, on the other hand, sees monopolies in the here and now. Look closer, he says, and you'll find even the most classic examples of competition are not what they seem. Once you think of a monopoly as simply an absence of competition, you might start noticing a few yourself.

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