There is no such thing as an enduring monopoly -- Part II

Last week I commented on how, despite the wailing and gnashing by government over the "Microsoft Monopoly", competitors managed not only to survive, but acquire a significant share of the OS market.

For the past couple of years, our intrepid government has been riding to rescue us from the"Big Beer" monopolies. In one of the largest divestures of all time, DOJ forced Anheuser-Busch InBev to divest Modelo's entire U.S. business, including beer brands such as Corona, as well as its most advanced brewery.

Meanwhile, back in the real-world marketplace . . . . 




Just as a couple of grad students with a little venture capital (aka Google) eroded Microsoft's share of the OS and office productivity markets (and changed how we use them), thousands of entrepreneurial brewers are doing the same (and changing tastes in beer).

The DOJ's anti-trust office is nothing but a collection of lawyers who justify their existence by convincing a gullible public that they can ward off the evil spirits of monopoly. In Africa they call them Witch Doctors. Look — the patient got better while I danced around him with my rattles and administered my magic potions!