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Business does not require monopoly in the real world. Competition laws exist in almost all countries, and even in the United States, they are still on the book
by eli_gottlieb 10y ago
Business does not require monopoly in the real world. Competition laws exist in almost all countries, and even in the United States, they are still on the books waiting to be enforced. The instant we enforce them and break up monopolists, inequality will go down.
Neither monopoly nor inequality has been shown by data to arise from economic efficiency, nor to create economic efficiency. Quite the opposite.
- logicallee 10y agoDid you mean to reply to me? I don't see why you introduced the idea of monopoly or competition in response to my comment...