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> That the de facto monopolies tend to collapse doesn't preclude the damage they incur on society/competitors whilst they're at their peak/stagnating. That's w
by jokethrowaway 4y ago
> That the de facto monopolies tend to collapse doesn't preclude the damage they incur on society/competitors whilst they're at their peak/stagnating.
That's what they earned by providing value. In a pure free market monopolies are hard to keep up for long.
Unless you can bribe politicians to create regulations and slow competitors, it will be hard to stop younger, fresher and better rivals.
The larger a company, the more inefficient it becomes and the more prone to be dethroned.