Sometimes a monopoly can have so much money that it actually does some very significant amount of innovation. Look at Ma Bell.

The problem is to not let them get so big though. Then you’ve got to break it up and that gets hairy. Look at Ma Bell.

And then they might try to get back together. Look at Ma Bell.

And at the end of it, we might just end up with a duopoly of shit. Look at Ma Bell and Xfinity.