There is No Such Thing as a “Natural” Monopoly
The for many years telephone services and electricity were considered “natural monopolies” and competition was prohibited by the government or you could say the dominant player was protected by the government. But then in January of 1982, the government reversed its longstanding protection of Bell Industries and broke it up into a bunch of “Baby Bells” that could compete against each other. And along came cell phones and the rest is history.
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