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It always surprises me how the US, as the paragon of the free market, is so comfortable with a lack of meaningful competition. I think it's something like 70%
by ruytlm 8y ago
It always surprises me how the US, as the paragon of the free market, is so comfortable with a lack of meaningful competition.
I think it's something like 70% of US households have only one 'choice' for ISP.
Then there was the discussion[0] here the other week about blitzscaling, and how it's basically "borrow money to do a land grab for monopoly, then use your money to stifle competitors".
Even the lack of preferential[1] voting contributes to a lack of choice - either vote for a major party, or your preference is irrelevant.
[0]: https://news.ycombinator.com/item?id=19094703 https://news.ycombinator.com/item?id=19094703
[1]: https://en.wikipedia.org/wiki/Instant-runoff_voting https://en.wikipedia.org/wiki/Instant-runoff_voting