When you debate libertarianism or the free market on the Internet, you are guaranteed to hear, in addition to the inevitable roads objection, “Why, ‘monopolists’ would dominate the world! Wherever would we be without our wise protectors in the public sector,” etc.
That’s why I wrote this essay on monopoly. It considers monopoly from the point of view of history and of economic theory. It shows that this fear is unfounded, that it is based on preposterous assumptions, and that even if it were a reasonable fear, defense mechanisms already exist on the market itself to ward off any so-called predator.