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>> Free markets are important. There aren't free markets in a pure sense and it's a good thing: - Standard oil was broken into exxon, chevron, etc... - Laws
by 2_listerine_pls 8y ago
>> Free markets are important.
There aren't free markets in a pure sense and it's a good thing:
- Standard oil was broken into exxon, chevron, etc...
- Laws were introduced to prevent railroad barons from owning every industry by forcing fair treatment.
- Electricity producers aren't allowed to sell directly to their customers in many countries. They are forced to sell it to resellers.
>> as long as they don't do anti-competitive things like work together with their competitors to fix prices
That's subjective, What does anti-competitive mean? it could mean making cheaper competing products as a retailer. It could mean refusing to host your product just like it happened to chrome cast. It could be ranking competing products lower.