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Personally I think people are too afraid of monopolies.
If this guy starts trying to throw his weight around by jacking up the price of milk, people will buy something else until other people can get back into the game (which will ultimately happen). Plus if the price gets too high and nobody buys it, he'll have to bring it back down to make a profit. Just because one person has claimover a market doesn't mean he can do whatever he wants.
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I got in a fight one time with a really big guy, and he said, "I'm going to mop the floor with your face." I said, "You'll be sorry." He said, "Oh, yeah? Why?" I said, "Well, you won't be able to get into the corners very well."
Emo Philips
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