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It’s not simply asymmetry of information though. Monopolies often have an incredible amount of financial power that they deploy against people trying to enter t
by dcow 5y ago
It’s not simply asymmetry of information though. Monopolies often have an incredible amount of financial power that they deploy against people trying to enter their market. Or maybe a company is on top because of their execution. I really don’t think the entire phenomenon can be explained by information asymmetry.
- insert_coin 5y agoThe financial power comes from somewhere. > Or maybe a company is on top because of their execution. I already explained that part.