CAC1001
Gokul43201 said:If a monopoly emerges as a result of market forces rather than via government intervention, I imagine that process is still a part of the free market. Laws that prevent the formation of monopolies are not free-market forces, are they? They are very clearly government regulations.
I think monopolies, at least in certain industries, are legal, what are illegal are trusts. Having a monopoly doesn't mean a company controls the whole market, just that it controls so much of it, that everyone else just has a scrap. If a monopoly is achieved via market forces, the company is watched closely and is expected to be a good corporate citizen and not try to abuse its position (for example, Bill Gates back in the early 1990s got caught doing this, I forget the details though).
For example, Intel pretty much has a monopoly over the semiconductor market, at least for the types of chips it makes.

