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> the free market seems to be colluding Markets are just machines that respond to incentives. In the absence of regulation, the only incentive of the market is
by kibwen 3y ago
> the free market seems to be colluding
Markets are just machines that respond to incentives. In the absence of regulation, the only incentive of the market is profit. What you're observing is that just because a market is efficient at seeking a profit, it doesn't mean it does anything good for society at large.
- EchoChamberMan 3y agoThere is also actual collusion, for instance, between kroger and albertsons: https://www.thebignewsletter.com/p/bombshell-potential-criminal-activity https://www.thebignewsletter.com/p/bombshell-potential-crimi...