Actually, the argument by authorities has never been that government-granted monopolies are sufficient, only necessary. Hence the lobby for rural electric during the middle of the last century. The monopolies gladly provided power in towns and cities, but the monopolies weren't sufficient until the taxpayers stepped in and paid for infrastructure. Most homes are on the grid today, but no thanks to the power companies. It was argued by authorities that monopolies were NECESSARY, otherwise duplication of infrastructure would be too big a price to pay.
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Actually, the argument by authorities has never been that government-granted monopolies are sufficient, only necessary. Hence the lobby for rural electric during the middle of the last century. The monopolies gladly provided power in towns and cities, but the monopolies weren't sufficient until the taxpayers stepped in and paid for infrastructure. Most homes are on the grid today, but no thanks to the power companies. It was argued by authorities that monopolies were NECESSARY, otherwise duplication of infrastructure would be too big a price to pay.