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Should we support companies that want Monopolies?

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Should we subscribe to the services offered by wireless companies that call for the government to keep competitors out? As Verizon's CEO recently stated:

A point of shared belief between market leaders Verizon CEO Lowell McAdam and AT&T CEO Randall Stephenson is that excessive competition just does not make sense.

McAdam and Stephenson both believe that competition in telecommunications represents wasted investment, inefficiency, and value destruction.


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Companies which want to corner the market through excellence (product quality and/or pricing) are truly capitalist.

Companies which want to resort to force (lobbying, abusing governmental mechanisms) to achieve the same are *not* capitalist.

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Should we not buy crops that have subsidized crop insurance? It isn't EXACTLY the same thing as not allowing competition, but I do blame government for allowing these types of things to happen more than the companies.

Personally, I don't plan on unsubscribing from Verizon any time soon, especially when I only pay $10/month.

Edited by Matt Giannelli
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