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USA tends to create monopolies and oligopolies. There is something structural ans systematic about it. Too many industries ends up being ruled by one or two com
by watwut 6mo ago
USA tends to create monopolies and oligopolies. There is something structural ans systematic about it. Too many industries ends up being ruled by one or two companies.
- KetoManx64 6mo agoRegulatory capture + tax breaks + Government contracts. Hard for a new player to compete when Amazon is getting hundreds of millions from government contracts funded by our tax dollars
- watchful_moose 6mo agoSuspect there's a cultural aspect as well. As in, US is more of a monoculture (particulary, consumption-wise), than many other countries. Oh and advertising being widespread and effective means there's more of a winner-take-all dynamic.
- laughing_man 6mo agoSome businesses have powerful economies of scale. You're going to get a monopoly in a business like that unless you take affirmative steps to prevent it.