• mayonaise_met@feddit.nl
    link
    fedilink
    English
    arrow-up
    4
    ·
    edit-2
    1 year ago

    No, it’s not. A monopoly is a market situation in which a single entity controls the supply of a product or service. A government can be a monopolist. For instance in many countries the government owns the railway company.

    You’re describing regulation. That’s a whole different topic.

    • Hypx@kbin.social
      link
      fedilink
      arrow-up
      1
      arrow-down
      6
      ·
      1 year ago

      Then you may prefer something like oligopoly. The goal is to have just a few companies that only make one type of car with no other options. Cost of transportation will go much higher. The conclusion is still the same: very little or no consumer choices.

        • Hypx@kbin.social
          link
          fedilink
          arrow-up
          1
          arrow-down
          3
          ·
          1 year ago

          It’s still something pretty close to a government mandated monopoly. Hell, most Tesla fanboys want literally just Tesla owning the entire car industry. And the Chinese car companies are all being controlled by the Chinese government. It’s closer to being one company than you think.