3 ms·
Agreed but you could say the same thing about monopolies though right? Anti-trust legislation exists to prevent that sort of extinction.
by nervousvarun 2y ago
Agreed but you could say the same thing about monopolies though right? Anti-trust legislation exists to prevent that sort of extinction.
- darby_eight 2y agoIt exists to preserve competition, which theoretically is supposed to ameliorate the negative aspects of privately owner enterprise.
- JumpCrisscross 2y ago> which theoretically is supposed to ameliorate the negative aspects of privately owner enterprise It’s because non-competitive markets are a market failure [1]. Not amelioration. [1] https://en.m.wikipedia.org/wiki/Market_failure https://en.m.wikipedia.org/wiki/Market_failure