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What usually happens is that that competitors then gets disappeared. Either by a happy ending (it gets bought up), or it gets squeezed out. Monopolies arise na
by Epa095 7mo ago
What usually happens is that that competitors then gets disappeared. Either by a happy ending (it gets bought up), or it gets squeezed out.
Monopolies arise naturally unless we work hard to avoid them.
- baxtr 7mo agoMonopolies stay stable only with a sustainable competitive advantage, eg through network effects or patents. With no barriers, margins get squeezed out rapidly.