Mapping the world's opinions

About us Style guide Log in  |  Sign up

Opinion map

Economics
History
The word monopolies has negative connotations in economic history, but recently monopolies have been praised by people such as Warren Buffett an Peter Thiel. The arguments for and against are not new, but some of the arguments for and against now have better empirical support.

Positions

Arguments supporting this position

Details

Context

Enter the background of the argument here ...

The Argument

Many studies show that more highly concentrated industries lead to lower R&D spending as a percentage of sales. Furthermore, monopolies may spend money on R&D, but they are reticent to back new ventures, as they do not want to cannibalize their existing business or they do not want to move into new areas. For example, most of the inventions of Bell Labs were not used by AT&T but by others. Likewise, most of the inventions of Xerox's PARC laboratory were used by Apple and others, not Xerox.

Counter arguments

Enter the counter arguments here ...

Premises

Enter the formal premises of the argument here ...

Rejecting the premises

Enter the technical rejections of the premises here ...

References

Content references here ...

Proponents

Your take

Do you agree?

Sign up or log in to record your thoughts on this argument

Next step

Explore the next argument

This page was last edited on Sunday, 4 Nov 2018 at 17:07 UTC