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Indeed, does a free market ensure a monopoly in the end ?
by stuaxo 4y ago
Indeed, does a free market ensure a monopoly in the end ?
- rguillebert 4y agoIt depends on what you mean by free market, it's often used interchangeably with with laissez-faire capitalism but an important concept in a free market is that the barrier to entry for new competitors should be as low as realistically possible, so regulation that prevents vendor lock-in can be pro free market.