4 ms·
The immense power of vertical integration at its finest
by forkLding 8y ago
The immense power of vertical integration at its finest
- bhouston 8y agoAnd the ability to prevent competition by somehow influencing the ports in Shanghai.
- simonh 8y agoThe immense power of being the only one to have the required license in a corrupt and bureaucratic system. This sort of situation also has a tendency to perpetuate itself over there. The guy with the license can make monopolistic profits, which means he has greater financial resources to influence the licensing authority, which means unfortunately his rivals seem to have unexpected problems getting licenses of their own.