Quote:When has an unregulated profitable industry not turned into a monopoly?Pete, I'm somewhat baffled by this question. Are you implying that monopolies are the norm during unregulated competition? I'm in favour of single-payer health care, but that's because of the peculiarities of the health care market, not a failure of markets generally. Where's the monopoly for pencils? For soy sauce? For computer games? Not all markets tend towards monopoly. I would say very few do.
-Jester