But the US has anti trust laws too, why single out the EU?
Quote:The free marketplace does not disallow monoplies, but the system is in place to naturally dismantle them when they become less beneficial to the public
You've lost me there - what natural free market mechanism is there to break up a monopoly? Make up an example for me.
To my way of thinking if one company is the only supplier then that company can manipulate the price to the limits of the elasticity of demand, with profit being the sole motive.
To explain what I mean using your Dodge example. What if Dodge keeps buying other car companies until they are all owned by dodge? (This isn't fantasy, auto companies merge regularly). The economies of scale and the cost of manufacturing capital (and a bunch of other factors) mean no new players enter the market. When Dodge owns every car company, everyone will be driving dodge, not because the govt said so but because Dodge is the only car maker. No competition pressure on price. How does this benefit the public?
Which brings me back to your 'naturally dismantle' monopolies idea. Please explain.