If you're looking to governments to save you from monopolies, you're asking the devil for salvation. A government is itself a monopoly on the creation of violence. Why would you expect one monopoly to be hostile a priori to other monopolies?
The theory is that a government is controlled by its citizens. However, control over the government is a public good. Like all public goods, it is underproduced.
posted at: 04:50 | path: /economics | permanent link to this entry