3 ms·

An oligopoly, then? A cartel?

• bombcar 4y ago
  These anti-monopoly laws always end up as “make restrictions preventing new competitors at some cost the big companies can easily handle”.
  • Teever 4y ago
    Always? All anti-monopoly laws, ever?
    • diegoholiveira 4y ago
      That’s a hypothesis explored by some authors, like here: https://www.libertarianism.org/publications/essays/big-business-rise-american-statism-roots-regulation https://www.libertarianism.org/publications/essays/big-busin...
      • Teever 4y ago
        Libertarian is a word for people who are too bashful to describe themselves as Feudalists.
  • pessimizer 4y ago
    Yes, that's why the biggest companies are constantly lobbying to pass antitrust legislation. Because of the extensive history of small upstart competitors being destroyed in antitrust cases.