I make the analogy to highlight that just because something is desirable to a consumer doesn't mean we should have laws to enforce it.
The theory and law around monopolies is something I know at only a surface level. Up until I read Thiel's Zero to One I would have told you monopolies are bad but his chapter comparing airlines to Google made me question this.
What's the importance difference?
I make the analogy to highlight that just because something is desirable to a consumer doesn't mean we should have laws to enforce it.
The theory and law around monopolies is something I know at only a surface level. Up until I read Thiel's Zero to One I would have told you monopolies are bad but his chapter comparing airlines to Google made me question this.