This is inaccurate - natural monopolies are a thing.
Monopolies happen due to barriers to entry, and not all barriers to entry are government-created or illegal: network effects, big upfront costs, economies of scale, control of a scarce resource, etc.
Regulation can produce a monopoly, but lots of regulations also exist to keep natural monopolies in check.
Monopolies happen due to barriers to entry, and not all barriers to entry are government-created or illegal: network effects, big upfront costs, economies of scale, control of a scarce resource, etc.
Regulation can produce a monopoly, but lots of regulations also exist to keep natural monopolies in check.