Thursday, October 31, 2013

Five Ways to Create a Monopoly

Mises Daily: Thursday, October 31, 2013 by Brian LaSorsa
It’s hard to maintain monopoly status in a free market when you have to deal with all that competition and whatnot.
Between other companies’ low prices and new, updated products entering the market each day, it’s almost like Rich Uncle Pennybags is a thing of the past. But fret not!
The politicians of the world would like to offer anyone dead set on controlling an entire industry the chance to shine. So come one, come all — government agencies, cronies, and all their friends — as we present the five best ways to create a monopoly and to ensure you never have to compete again.1. Regulations….2. Subsidies….3. Nationalization….4. Tariffs…..5. Intellectual property…..To Read More…

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