3 ms·
The larger factories existed within the currently high government regulation, so assuming larger factories would result from less regulation isn't in evidence.
by Jtype 4y ago
The larger factories existed within the currently high government regulation, so assuming larger factories would result from less regulation isn't in evidence.
- sharemywin 4y ago"so assuming larger factories would result from less regulation isn't in evidence." there's no evidence that less regulation will make markets more competitive either. but, economy of scale is a pretty well know market phenomenon. but, I'm going to look into your argument. Is government regulation a major contributing factor to market consolidation.