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Government Regulated
     Monopolies
 Disruption or Prevention?
MONOPOLIES…
The Definition
  any corporation that has exclusive
 possession or control of the supply or
   trade of a service or commodity
MONOPOLIES…
 The History
  John D. Rockefeller
    & Standard Oil
MONOPOLIES…
 The History
     The Sherman
     Anti-Trust Act
MONOPOLIES…
  The History
      The Clayton
     Anti-Trust Act
MONOPOLIES…
  The History
      Anti-trust Laws
MONOPOLIES…
  The History
      Federal Trade
       Commission
Types of
Monopolies
MONOPOLIES…
Government Run
       United States
       Postal Service
MONOPOLIES…
Quasi
Virginia Dominion
      Power
MONOPOLIES…
Anti-trust Violators

    Microsoft
   Corporation
CONSUMER
DOMINATION
Free-Enterprise

Few restrictions are placed on business
activities and government involvement
               is minimal.
Barriers to Entry

           Control of Resources
 Patents                          Legal Restrictions
Barriers to Entry

                       Technical Superiority
Deliberately Erected                           Large Sunk Costs
Barriers to Entry

     Economies of Scale
Prevents Competition
Prevents Competition

Enables Big Government
     Environment
Prevents Competition

Enables Big Government
     Environment

Disrupts Free-Enterprise
        System
Public Safety    Prevents Competition

                 Enables Big Government
                      Environment

                 Disrupts Free-Enterprise
                         System
Public Safety         Prevents Competition

Protection of Consumer   Enables Big Government
         Rights                Environment

                          Disrupts Free-Enterprise
                                  System
Public Safety          Prevents Competition

Protection of Consumer     Enables Big Government
         Rights                  Environment

Prevention of Anarchy or   Disrupts Free-Enterprise
  Tyrannical Take-over              System
Biblical World-View
Biblical World-View
Biblical World-View
Biblical World-View
           Public Safety

      Protection of Consumer
              Rights

      Prevention of Anarchy or
       Tyrannical Take-overs
Biblical World-View


 Genesis 41: 40-41:
      “Thou shalt be over my house, and according unto thy word
  shall all my people be ruled: only in the throne will I be greater
   than thou. And Pharaoh said unto Joseph, See, I have set thee
                     over all the land of Egypt”
Grand Verdict
Grand Verdict


GOVERNMENT REGULTED
     MONOPOLIES:
Disruption or Prevention?
Government Regulated
     Monopolies
 Disruption or Prevention?

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Presentation final

Editor's Notes

  1. The FTC Building is located on Constitution and Pennsylvania Avenue in Washington, D.C