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The person you are responding to said anti-consumer, not anti-competitive.
by meowkit 4y ago
The person you are responding to said anti-consumer, not anti-competitive.
- madeofpalk 4y agoBut with there being no competition, things will be worse for consumers. That's why 'we' have anti-competition laws.
- int_19h 4y agoThere is a fringe economic theory, popular mainly in right "libertarian" circles, that claims otherwise, e.g.: https://truthonthemarket.com/2014/09/13/peter-thiel-on-the-virtues-of-monopoly/ https://truthonthemarket.com/2014/09/13/peter-thiel-on-the-v...
- madeofpalk 4y agoIt's not particularly surprisingly that a venture capitalist thinks monopolies are cool