:Debate question: Should government break up monopolies? Sometimes. A monopoly may, by buying up all its competition, end up emulating from the private sector the same sort of practices found in a planned economy; most importantly, inefficiency, since there is no competition to deal with or to potentially lose customers to. A monopoly may lower the standards of an industry in general. If a serious or necessary industry becomes monopolized and subsequently inefficient, then I would probably support breaking it up. ... (Addison DM) | :Debate question: Should government break up monopolies? Sometimes. A monopoly may, by buying up all its competition, end up emulating from the private sector the same sort of practices found in a planned economy; most importantly, inefficiency, since there is no competition to deal with or to potentially lose customers to. A monopoly may lower the standards of an industry in general. If a serious or necessary industry becomes monopolized and subsequently inefficient, then I would probably support breaking it up. ... (Addison DM) |