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Abusive monopolies really work just fine without big bad government, with mechanisms such as raw power and threat of violence, ownership of key resources (prope
by ahartmetz 2y ago
Abusive monopolies really work just fine without big bad government, with mechanisms such as raw power and threat of violence, ownership of key resources (property laws are always fine according to government bad ideologies) and the related natural monopolies, cryptographic-technical barriers, pricing shenanigans to kill new competition, anticompetitive contracts with distributors...
- CamperBob2 2y agoYou clearly set out to disagree with my post, but based on the examples you've cited, I'm not sure you succeeded. Threats of violence can simply be handled under the same laws that address it in non-commercial contexts, anticompetitive contracts require government action to enforce, and 'pricing shenanigans' can only exist in a monopoly that is (again) likely to have arisen due to regulatory interference.