Are Monopolies a Problem? (with Peter Van Doren)

Fan favorite, Peter Van Doren, comes back to the show to discuss how the concept of a monopoly has changed throughout history. People certainly don't like the idea of a monopoly, but before we claim a company as a monopoly we need to make sure we know what market they exist in. There is always competition that exists, but sometimes it's hard to nail down.

What is a trust? What are the technical concerns of a monopoly?

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