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Theoretically customers can give their money to some other company, but we have seen massive consolidation across most industries over the course of decades. Ma
by brokencode 2y ago
Theoretically customers can give their money to some other company, but we have seen massive consolidation across most industries over the course of decades. Many important markets are dominated by only a few large companies.
The free market works when there is actual competition. If we want a healthy free market, then we need vigorous antitrust action to block mergers and break up companies that get too big.
- krupan 2y agoCorrect! We seem to be in agreement here! I also would recommend that government should stop making regulations and tax breaks that favor one company over another. I think that would be even more effective than just antitrust enforcement.