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> ...being big gives an influence that tend to feed on itself. Monopolies for instance, may last long. This is exactly why I don't believe that unregulated mar
by gphil 16y ago
> ...being big gives an influence that tend to feed on itself. Monopolies for instance, may last long.
This is exactly why I don't believe that unregulated markets will necessarily be competitive ones.
My belief is that without a strong central government, monopolies engaging in anti-competitive behavior will make the market inefficient.