2 ms·
> Capitalism goes as far as making sure there are at least two competitors in a space There is no absolute truth here but I would say generally that is not tru
by Gustomaximus 7y ago
> Capitalism goes as far as making sure there are at least two competitors in a space
There is no absolute truth here but I would say generally that is not true and it is encouraged to be more than a few companies, but is increasing allowed today.
Typically Oligopolies are frowned upon but there is often 1) Industry categories that seem to be how they are and 2) With increasing business influence in politics this is less regulated today than previous.
https://en.wikipedia.org/wiki/Oligopoly https://en.wikipedia.org/wiki/Oligopoly