6 ms·
Either you bust monopolies, or this is what you get. At this point, the US medical system has become a sequence of monopolies at every level. These are the co
by bsder 3y ago
Either you bust monopolies, or this is what you get.
At this point, the US medical system has become a sequence of monopolies at every level. These are the consequences.
Every company with more than 20% market share in a vertical should split in half. Having 5 or 6 companies in every vertical would solve most of the monopoly problems.
- patmorgan23 3y agoDon't forget about the monopsony problems. Large buyers distort markets faster. 10% buying power means you could drop a market player's revenue by 10%, how many businesses could weather that? (See Amazons "Project gazelle" for this in practice)