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Duo or oligopolies would be nice to have. We have monopolies, at the owner layer. That they own several buisnesses in the same sector, to placate monopoly regul
by qikInNdOutReply 4y ago
Duo or oligopolies would be nice to have. We have monopolies, at the owner layer. That they own several buisnesses in the same sector, to placate monopoly regulations, does not reduce the lack of competition.
https://en.wikipedia.org/wiki/BlackRock https://en.wikipedia.org/wiki/BlackRock
Im continously suprised that people, by assumption of brands and company names assume we still have duopolies or oligopolies.
You can own a whole industry sector without mergers and funny make pretend competition. The competition may hold true for software, because its such a young sector, but for everything else...
- foobarian 4y agoHow would that look say for Target and Walmart, to pick an example? Collusion at board level? Or the two sides playing chicken, enjoying the profits and hoping neither does something drastic? It doesn't seem like a stable state but I could see it go on for a bit until there is a correction.
- Centigonal 4y agoBlackrock mostly sells investment products (although they also own houses through their REIT). Are you sure you don't mean Blackstone? Are you saying that Blackrock owns a stake in most competitors through its index fund holdings? EDIT: Ah, the "Ownership and transparency" section of the article clarifies.