4 ms·
I would say competitive markets more than capitalism are responsible for that and we've seen many many cartels and monopolies (even with legislation against the
by tdb7893 2y ago
I would say competitive markets more than capitalism are responsible for that and we've seen many many cartels and monopolies (even with legislation against them) so it's weird to imply that they aren't fairly very common. It also doesn't need to be a full cartel, there is a lot of tacit collusion between companies or other mechanisms where they don't really compete.