4 ms·
I think the argument is that these companies became large enough to afford to buy the regulations that allowed them to discourage new entrants to the market. Th
by mbrameld 8y ago
I think the argument is that these companies became large enough to afford to buy the regulations that allowed them to discourage new entrants to the market. Then they consolidated the remaining players.
- scarface74 8y agoIt’s called regulatory capture. https://www.investopedia.com/terms/r/regulatory-capture.asp https://www.investopedia.com/terms/r/regulatory-capture.asp