Patents, copyrights, trademarks and trade secrets saturate modern economies – a form of interventionist redistribution to the corporate elite through enormous unearned monopoly rents.
"We deregulated high-speed internet access ten years ago and since then we've seen enormous consolidation and monopolies… Left to their own devices, companies that supply internet access will charge high prices, because they face neither competition nor oversight".
"We deregulated high-speed internet access 10 years ago and since then we've seen enormous consolidation and monopolies, so left to their own devices, companies that supply internet access will charge high prices, because they face neither competition nor oversight".
"We deregulated high-speed internet access 10 years ago and since then we've seen enormous consolidation and monopolies," Susan Crawford, a former special assistant to President Barack Obama on science, technology and innovation policy, told the BBC in October.
"But the fact is in the last four years, we've had the most enormous consolidation of telephone monopolies, cable monopolies and media companies despite the administration's attack on Republican deregulation efforts that would allow even greater concentration of ownership.
Gazprom's monopoly creates enormous waste in other ways: along with other domestic gas companies it flares $13 billion worth of gas yearly, because the low price makes it unprofitable to sell.
Considered an economic liberal, Mr Medvedev served President Putin as first deputy prime minister, and was also chairman of Russia's enormous state-run gas monopoly, Gazprom.
The broadcasters, thanks in large part to their monopolies, have enormous lobbying resources, and their control of the airwaves has made local television — and, in particular, local television news — a powerful weapon to wield against politicians who cross them.
In 1894 the government introduced a liquor monopoly that drew enormous revenues from the peasants, to whom vodka was a principal solace in a hard life.
