Market leaders such as Amazon, Netflix and Google will fall by the wayside if they are unable to keep innovating and satisfying consumers.
monopolies
All mail letters in Europe are open to competition.
The government-owned chain is the only Ontario retailer to sell spirits.
Quebec produces 72 per cent of the world’s maple syrup output, much more than Saudi Arabia’s 13 per cent share of world oil production.
The space industry is becoming very competitive. National monopolies such as NASA seem less and less necessary.
If we eliminate all government-granted monopolies, people could compete with lawyers, even doctors.
Normally at this is the time of year many BC families would be counting down the days until school resumed. But this year is different, with the ongoing BC teachers’ union labour dispute casting a pall of uncertainty over the start of the school year. It’s a classic example of the negative effects of a monopoly, and as is often the case with monopolies, ordinary families are the ones most affected.