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What you're describing there is typically the result of government-imposed regulations stifling free market competition, thus enabling the formation of monopoli
by VancouverMan 3y ago
What you're describing there is typically the result of government-imposed regulations stifling free market competition, thus enabling the formation of monopolies (or oligopolies) that wouldn't naturally exist.
It's another example of how pointless government "jobs" cause immense harm.
Without the government interference that enables them, such monopolies/oligopolies simply wouldn't be able to survive, eliminating the problem you're worried about.
- nullindividual 3y agoI'm always shocked when I run across people who believe what you're parroting. I have to question if I'm dealing with a troll or not. Regulation was the chicken, not the egg.
- VancouverMan 3y agoI have a couple of questions for you: What interaction(s) have you personally had with government? Do you personally depend on government for your income/existence (as your "job", via welfare, via tuition/scholarship, parent's/guardian's/partner's/supporter's "job(s)", etc.)?
- ProxCoques 3y ago> Without the government interference that enables them, such monopolies/oligopolies simply wouldn't be able to survive If you think market concentration is a product of regulation, then I don't think the economic world, or indeed the concept of government itself, is going to make much sense to you.
- JohnFen 3y agoWithout governmental regulation, the "free market" inevitably devolves into monopoly.
- lylejantzi3rd 3y agoYou have that backwards. Governmental regulation increases the barriers to entry, which reduces competition and creates monopolies.