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I set the bar even lower than the other commenter. I don't care if it's a monopoly, nor even really if it's engaged in anticompetitive practices. I just care
by BrenBarn 1y ago
I set the bar even lower than the other commenter. I don't care if it's a monopoly, nor even really if it's engaged in anticompetitive practices. I just care if it's big, like big enough to have outsized market power. I think that markets with large disparities in size and market power among participants are inherently anticompetitive. I think that in most market sectors --- banks, automakers, airlines, media, you name it --- there are a small number of large companies with outsize market power, and those should all be broken up.
- oezi 1y agoAbsolutely right. Customers benefit most if there is a working market and monopolies and other kinds of capture are restricted. When I compare the cost cutting happening in my supermarket over pennies and then compare it to the exuberant prices at airports, festival venues and sport stadiums it is clear how much many industries are ripping customers off.
- scarface_74 1y agoYes customers will benefit from even more competition in the privacy invasive adtech companies.