4 ms·
Corporations can take on a role as a monopolist but it's not inherent to their nature. I would hazard to say that most corporations are in a market where they c
by savanaly 8y ago
Corporations can take on a role as a monopolist but it's not inherent to their nature. I would hazard to say that most corporations are in a market where they can't affect the equilibrium market price of the good they're selling by very much, and thus don't resemble a union in that respect.
- beat 8y agoWhat about exclusive contracts? They're common as dirt in the business world... "You commit to us, you have to buy this only from us for the next X years". I don't see how this is different from unions.