11/10   http://www.m-w.com/book/elecprod/vocabbdr.htm
        \_ proof that Amazon (book monopoly) is bad for consumers
                \_ Why? Because you can buy from them OR B&N?
                \_ Amazon does not have a book monopoly.  And although M$ is
                   a bad monopoly, not all monopolies are bad.
                        \-what is an example of a non-bad monopoly?
                          \_ I think utilities are the canonical example.
                             W/ competition the public loses returns to
                             scale.  But it does need more regulatin'
                                \-well PU are an exercise in regulation
                             \_ What?  You're selling your SO's sexual
                                activity?
                                \_ you thought she was privately held, but
                                   in reality, publicly traded
                                   \_ I was there at the IPO but sold out
                                      soon after.  She released more shares
                                      to the public which dramatically
                                      diluted her value.
                                      \_ did you get in as friends & family
                                         at a substantially lower price?
                                         \_ I had the Preferred Customer price.
                                and thats where the problems come from.
                                so this is a bad example of a non-bad monopoly.
                                if you are interested in an interesting study
                                on this look at Train: Optimal Regulation
                                [Train = UCB Econ].
                                There may be some interesting cases where a
                                monopoly is a property right that ought to be
                                granted to someone and is an efficent solution
                                to a problem. This can either be an auction
                                distributed right to fish/airwaves etc or
                                something like an alternative to a side-payment
                                system ... say instead of moving african
                                natives from some place you want to become a
                                wildlife preserve or paying them off, give them
                                a monopoly on say camera film sales. --psb
                          \_ a monopoly over your SO's sexual activity?
                                \-i dont think pimps having exclusive rights
                                is particularly good for the hos. i suspect it
                                isnt good for the public either. --psb
                             \_ silly, twisted sodans, I speak of a gf's/bf's
                                monogamy.  SO != prostitute.  (I hope.)
        \_why is that URL proof that amazon is a book monopoly?