There have been businesses in the past that provided a good product at a fair price that made a modest profit off of each customer and since their product and price were excellent they had a virtual monopoly and so they made a huge amount of money every year. A US example would have been Bell Telephone. Bell lost their monopoly through deregulation and everyones phone bill skyrocketed. I gave a Bell telephone to my brother, it still works because it is only 70 years old. Another example would be Ford motor co. They paid their non-union people more than GM paid their union people. Henry Ford wanted his workers to be able to afford the cars they made. Maybe not noble but not the general bottom of the barrel muck rakers that make up so much of business today.


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