Message #2497

[Gnosisquest]

The Dictionary.com definition of Monopoly serves well: "Exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices."

Okay, so if you had a company that invented a great new product, like a smoke detector for instance, and wanted to sell it for cost because they wanted to do something good for mankind, in your world they would be broken-up because their very low price would cause them to control that market.

In such special cases you would have to have special rules set up. I have not spent enough time on this to have ironed out every detail but in a case such as this the protection of the public would be most important. Any excessive market share due to superior quality and lower cost is not manipulation of the market. In fact; it could well be encouraged as it is a key to innovation.

Also, wouldn't it be better for average people if the rich went to private health care facilities rather than place extra burden public health care system?

Perhaps, there is also the added incentive for private facilities to excel which may help advance medicine although research in hearth disease in Canada and Cancer research in Europe tend to belie that notion.