Previously on Dr Wealth…I listed 10 present-day monopolies and showed how powerful they are in dominating their respective markets. It wasn’t surprising that majority are tech companies as they have managed to provide goods and services that we now use in our daily lives. Therein lies their importance and it is reflected in their share prices too. Monopolies always get a bad rep because governments are afraid that these companies would become more powerful than themselves while consumers fear being helpless against predatory prices set by monopolies. In the book, Modern Monopolies, Alex Moazed and Nicholas L. Johnson argued that monopolies are no longer as everlasting as before, …modern monopolies aren’t likely to last nearly as long as their predecessors. Barriers to entry in most industries are far lower than they were a century ago, while the boundaries between industries also are much more fluid than they have been in...