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> the price will be basically whatever the market will pay I too am optimistic that markets can work and there are situations where the price will be what the
by LeonB 3y ago
> the price will be basically whatever the market will pay
I too am optimistic that markets can work and there are situations where the price will be what the market will pay.
But what I observe is - from the consumer side: a rapid rise of monopolies
From the producer side: an even more rapid rise of monopsonies (this is the sneakier consequence of monopolies that most of us don’t see, but which affects us most)
Those two items damage the premise of free markets
But add this:
From the government pov - these companies are beyond taxation: they can shift profits off shore and or manipulate tax policy such that the playing field is no where near level.