Free market works only to create monopolies because in the real world companies compete and then one gets gobbled up and these mega corps can gobble, out compete or lobby for barriers to market if there arent any already inherently. Imagine a new telecomp trying to start but its small then it need a huge investment to cover only a small area, how will that compete with a giant already established telecom? That happens in all businesses and sectora
Free market works only to create monopolies because in the real world companies compete and then one gets gobbled up and these mega corps can gobble, out compete or lobby for barriers to market if there arent any already inherently. Imagine a new telecomp trying to start but its small then it need a huge investment to cover only a small area, how will that compete with a giant already established telecom? That happens in all businesses and sectora