3 ms·
"What you describe, basically is monopolism. It is well known, that monopolies are killing a free market." Sure, but the problem is that unconstrained free mar
by twobits 11y ago
"What you describe, basically is monopolism. It is well known, that monopolies are killing a free market."
Sure, but the problem is that unconstrained free markets lead to monopolies.
The big fish eats the smaller fish. The big fish becomes bigger and more difficult to attack. (New competition.) And so on, and so on, until there can be only one, or an oligopoly.