3 ms·
My econ book has some quotes that basically say "competition is for losers" and that the goal for all companies is to be "lazy monopolists". Once a monopoly, th
by 7thaccount 5y ago
My econ book has some quotes that basically say "competition is for losers" and that the goal for all companies is to be "lazy monopolists". Once a monopoly, they'll raise prices, but not by too much as to elicit public outcry or signal large companies to lobby for the removal of the monopoly.