[Trade licensing] almost inevitably becomes a tool in the hands of a special producer group to maintain a monopoly position at the expense of the rest of the public. There is no way to avoid this result.
![[Trade licensing] almost inevitably becomes a tool in the hands of a special producer group to maintain a monopoly position at the expense of the rest of the public. There is no way to avoid this result.](http://cdn.quoteddaily.com/images/milton-friedman/trade-licensing-almost-inevitably-becomes-a-tool-in-the-hands-of-a-special-producer-group-to-maintain-a-monopoly-position.jpg)
[Trade licensing] almost inevitably becomes a tool in the hands of a special producer group to maintain a monopoly position at the expense of the rest of the public. There is no way to avoid this result.