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Looking at Ticketmaster or the Apple app store it seems that a free market will lead to monopoly behavior once players grow beyond a certain size.
by Ididntdothis 7y ago
Looking at Ticketmaster or the Apple app store it seems that a free market will lead to monopoly behavior once players grow beyond a certain size.
- moate 7y agoBut that's what the consumers must have wanted. It's "free" market after all. There's no way it can be manipulated. Completely logical, always responds the way it "should" market.
- kerng 7y agoCorrect, if a business model works and is successful it can lead to a monopoly. And there are laws that try to tackle that. But its going off topic because Uber and Lyft are far away from that position, they hardly have a functioning business model in the first place.