@A2xFrancis@0nji_ I think a private company holding a monopoly is a drastically worse situation for both the consumer and society as a whole. Also private companies can still own other companies it's just outside of the public eye. Hostile takeovers are not only a public thing :)
@A2xFrancis@0nji_ A monopoly can happen that way. You could also have a private company as a monopoly. You don't have to acquire a company to create a monopoly, all that needs to happen is a customer has only a single viable source of a good or service.