
Monopoly vs Monopolization
There is a great deal of confusion over monopolies; what they are and how they are caused. A cornerstone tenet of high school U.S. History is that the federal government saved the freed market from itself through anti-trust laws. Given that monopoly is undesirable, many Americans believe anti-trust laws to be a good thing. Introductory economics courses further cement in our minds the idea that we need protection from a completely unregulated market; like when