Certainly, I am glad to engage in such a discussion. Let me quote from the master: "Fortunately, monopolies are very hard to maintain without laws to protect the monopolistic firms from competition. The ceaseless search of investors for the highest rates of return virtually insures that such investments will flood into whatever segment of the economy is earning higher profits, until the rate of profit in that segment is driven down by the increased competition caused by the flood of investment. It is like water seeking its own level. But, just as dams can keep water from finding its own level, so government intervention can prevent a monopoly's profit rate from being reduced by competition." -- Thomas Sowell, "Basic Economics," New York: Basic Books, 2015; page 148