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I hate them. On the other hand, if you are entrepreneur, it is your goal. Or your wet dream. In theory it would be like this. But today the world is different.

The big discussion in Finland today is the penalties for Valio (70mÄ). Company which was almost in monopoly position and then came Arla from Sweden. The reason for penalties was using their market power, they were dumping the price of milk.

We use to have local monopolies, telephone companies. The mobile development broke that monopoly. Now they are suffering and wondering what to do. Good question, if your only asset is copper (or nowadays fibre) underground, what to do?

What we have? We have local electricity companies. They have the copper, underground or over the road. They are monopolies although you can choose the supplier.

We have also a very strong duopoly in grocery business, luckily due to the our German friend it is breaking up.

And what is the moral of this story? The world is changing. Rotten structures will collapse. You have to operate so that you dear to read it from the front page of the newspaper. Or web-site.

And by the way, congrats to Mum, 79 years!
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