5 ms·
Monopolies in and of themselves aren't a problem, and aren't illegal. Unfair leverage to prevent competition is.
by bdcravens 2y ago
Monopolies in and of themselves aren't a problem, and aren't illegal. Unfair leverage to prevent competition is.
- charcircuit 2y agoThe existence of competition doesn't always make things better. For example forcing middlemen to exist so that there is competition can lead to a worse situation than without middlemen. Direct to consumer is unfair leverage to middlemen, but it can be better for consumers.
- BlueTemplar 2y agoThat's a really weird way to define "competition" ?
- CPLX 2y agoThis is not correct and a common misconception, on both sides of the argument. Both monopolies and monopolistic actions are illegal, each alone is enough to be in violation of the law.