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We need effective anti-trust regulation to keep markets competitive. And that hasn't been the case for decades. A huge % of the goods & services in this world
by jauntywundrkind 3y ago
We need effective anti-trust regulation to keep markets competitive. And that hasn't been the case for decades.
A huge % of the goods & services in this world are in the hands of a couple dozen massive conglomerates, after endless consolidation.
This particular narrative seems so believable to me, that a couple companies lead the way jacking up prices in a time of crisis while bandying about shitty airless crap about inflation & costs while profits soared. The very big giants doing this set a precedent & narrative, created a vibe that could perpetuate & extend greedflation. The exact same hype & fury lead us to believe retail theft was astronomically worse: again, now that the chips are falling, we see: this was a boldfaced lie.