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It's awe-dropping the lengths at which societies go repeating errors of avoiding market dominance because they are detrimental to consumers.
by dkga 1y ago
It's awe-dropping the lengths at which societies go repeating errors of avoiding market dominance because they are detrimental to consumers.
- samdoesnothing 1y agoWhat do you mean?
- dkga 1y agoWhat I mean is that it is not a newly observed fact that when companies grow very big and dominant, they obtain market power and this is often abused, to the detriment of customers and end-clients. Still, this happens time and again even in jurisdictions with powerful regulators such as the US.
- mixmastamyk 1y agoCue Lily Tomlin’s late 70s SNL commercial… “We don’t care, we don’t have to. We’re the phone company.” ;-)