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The free market will always tend towards monopolies/duopolies/oligopolies - it's the most efficient way to make money, which is exactly what capitalism incentiv
by Pingk 3y ago
The free market will always tend towards monopolies/duopolies/oligopolies - it's the most efficient way to make money, which is exactly what capitalism incentivises.
If you want to push for openness and transparency, you need strong government intervention and without a culture that pushes for it, it'll only get worse (see also right-to-repair).
- deleted 3y ago[deleted]
- illiac786 3y agoShort/medium term maybe, long term monopolies are definitely producing less revenue, I can't find a good study about this but I read this multiple times.