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X goes offline in Brazil after Elon Musk’s refusal to comply with local laws
(www.theguardian.com)
this post was submitted on 31 Aug 2024
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Technology
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They're not talking about natural monopolies. A natural monopoly is when there's some barrier to entry that prevents competitors from entering the market, like a need for prohibitively expensive infrastructure.
What OP is talking about are situations like Walmart opening a store in a new location, operating it at or near a loss to drive the local competition out of business, and then jacking up prices once no competitors remain. The government isn't forcing them to do that.