4 ms·
Of course. And in a well functioning society, you'd be able to move to a competitor if you were treated badly enough. But of course, that won't happen for much
by nineteen999 7y ago
Of course. And in a well functioning society, you'd be able to move to a competitor if you were treated badly enough.
But of course, that won't happen for much longer, because we love our monopolies (yay FAANG or utility companies etc.)
- lotsofpulp 7y agoSome of it is just an unintentional consequence of the benefits of technology and its ability to scale leaving no other option (other than to legally forbid it, but then another country might allow it and take advantage, etc, etc). Consumers can and have benefited from economies of scale greatly that the big companies can provide in the short term, but in the long term it can be costly as they exercise their monopoly power, but who can accurately put a price on this so that people choose wisely today.