Monopoly - I know it when I see it

Regulations first require definitions

Takeaway

Natural monopolies are rare, and regulation usually hurts more than helps in fixing that

Winner takes all?

Josh Breinlinger, a VC at Turtle Ventures, has a short post on his site about how most marketplaces are not "winner takes all":

I'm inclined to agree. We hear about "winner takes all" all the time. Which begs the question, why aren't there mor…

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