Indiscriminate anti-trust prosecution
Nature: A number of governments accept a theory that if a company enjoys a monopoly market position it is intrinsically evil, and its operations tend to limit output while maintaining artificially high prices. In capitalist countries anti-trust or anti-monopoly legislation and regulation is enforced in an arbitrary manner, while in socialist and communist countries there is no restraint on government owned monopoly enterprises or on their competition in international trade.
Claim: All technologically innovative corporations enjoy a monopoly position for varying periods. Their domination of a market which they themselves created in part allows for a significant return on investment for the venture capital risked. This fuels more investment, more innovation, more jobs, and a growth economy. In developing countries monopolies may provide the thrust to move the country forward.
Problem Type: F: Fuzzy exceptional problems
Date of last update 01.01.2000 – 00:00 CET