A Monopoly Isn’t the Same as Legitimate Greatness
Competent monopolists aren’t good monopolists
Published in
8 min readJun 13, 2021
If you do much reading about antitrust, you’re sure to come across Ida Tarbell, the campaigning investigative journalist whose masterful 1904 book, The History of the Standard Oil Company (free ebook, free audiobook), brought down John D. Rockefeller and his monopolistic Standard Oil Company, which was…