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The regulations literally stopped any competitors from even being allowed in the same area. If you’re genuinely curious about how that screws up industries (not
by aranchelk 5y ago
The regulations literally stopped any competitors from even being allowed in the same area. If you’re genuinely curious about how that screws up industries (not just short term pricing) I’d recommend Luigi Zingales‘s A Capitalism for the People, it has a very thorough analysis of crony capitalism.
- jraph 5y agoYes, I meant it, thanks for the reference! My first message was needlessly provocative