3 ms·
Over sufficient time, a corporation eventually hits a tipping point where it becomes more economically viable to starve out and/or buy out your competitors rath
by vunderba 2y ago
Over sufficient time, a corporation eventually hits a tipping point where it becomes more economically viable to starve out and/or buy out your competitors rather than to innovate, and then to further entrench one's monopoly through special interest lobbying groups with their massive capital reserves.
Preventing the predictions of Marxists like Lenin around "Late Stage Capitalism" (disregarding the imperialist/colonialism overtones) from becoming a reality was supposed to be the job of trustbusting organizations like the FTC and DOJ but well... here we are.