3 ms·
> But the market of publishers and recording companies is quite consolidated, because money buys more efficiency there. Not quite. Publishing/recording depends
by yobbo 3y ago
> But the market of publishers and recording companies is quite consolidated, because money buys more efficiency there.
Not quite. Publishing/recording depends on specific laws (intellectual property) to disable the competitive-market mechanisms. For example, copyright being extended to 95 years, but there are many other mechanisms surrounding copyrights that have enabled the current monopolies in publishing/recording.