Take the following as truth: But in a business like baseball, where the long-term health of any one franchise depends on the long-term popularity of the game, the pursuit of short-term self-interest--in the form of the protection of the benefits of local monopolies--brings about collective harm.
Then the following statement: "Local monopolies always get into trouble for pursuing self interests." is true, false, or inconclusive?
Answer: Inconclusive