Monopoly and Competition

The story of intervention is as old as governments and commerce, and even though the details change, the basic narrative stays the same.

Mark Thornton comments in WND's article on recent cyber-security breaches. Thornton notes that, when breaches do occur, "Most, if not all of the time, the customer isn’t harmed; it’s the company that’s harmed. As a result, banks and retailers seek out enhanced security so criminals are less...