3 ms·
The entire paper is a joke. Monopoly in the construction market? Dude, there are multiple competing contractors in every field even in smallest towns. In fact,
by xyzzyz 4y ago
The entire paper is a joke. Monopoly in the construction market? Dude, there are multiple competing contractors in every field even in smallest towns. In fact, I’d endeavor to say that construction is probably the least centralized major industry in US, certainly less centralized than, say, farming.
- someguydave 4y agoConstruction is very decentralized but land developers tend to have local monopolies or oligopolies supported by local politicians.
- shuckles 4y agoIn fairness, there isn’t that much competition between large subdivision developers, and an even smaller number of firms that are able to navigate the gauntlet of gatekeepers in major urban areas.
- whimsicalism 4y agoLarge developers, there is absolutely not. Farmers in most industries are basically price-takers.