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Well said. And it should be noted that even when the monopoly does not exist, regulation and government intervention almost always favors the larger players in
by trentnix 7y ago
Well said.
And it should be noted that even when the monopoly does not exist, regulation and government intervention almost always favors the larger players in the market. In many cases, they are the ones writing the regulations. Those regulations make the barrier of entry more difficult and discourage new competitors from entering a marketplace.
Big business and big government are symbiotic.