Energy, monopolies and cartels

 The ambition of every business is to become a monopoly, if it cannot achieve that, its ambition will be to become part of a cartel. The ambition of every government should be to prevent monopolies and to outlaw cartels.  A business having a monopoly or being part of a cartel enables it to make profits without any market mechanism to restrain those profits. It can charge what it likes and its owners will live a life of great riches. Continue reading