3 ms·
> What do you mean by "free market"? I mean the concept that bad actors in a market will eventually die out because new competitors will emerge that offer bett
by Eddy_Viscosity2 3y ago
> What do you mean by "free market"?
I mean the concept that bad actors in a market will eventually die out because new competitors will emerge that offer better value which will then get all the business.
- beej71 3y agoApplicable: https://en.wikipedia.org/wiki/Natural_monopoly https://en.wikipedia.org/wiki/Natural_monopoly