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To limit the power of natural monopolies, a government might direct the original companies, such as our railroad owners, You can build your track and
To limit the power of natural monopolies, a government might direct the original companies, such as our railroad owners, "You can build your track and ship cows, but we're putting caps on how much you can charge. You will profit, but not at the cost of profitability for the ranchers and the slaughterhouses." Is this a reasonable role for government? Is it value creating? Why or why not
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