2 ms·
> I don't think that's true at all. If you want to make an argument that companies are too big, you need some exact logic to support it. It's well known that o
by orra 3y ago
> I don't think that's true at all. If you want to make an argument that companies are too big, you need some exact logic to support it.
It's well known that oligopolies are bad for efficient pricing, just like with (though not as extreme as) monopolies.
That's why EU competition law rightly focuses on "significant market power", rather than US competition law which cares little unless there is a literal monopoly. (Currently, the UK retains EU competition law).