this post was submitted on 01 Apr 2024
432 points (98.2% liked)

Memes @ Reddthat

974 readers
85 users here now

The Memes community. Where Memes matter the most.

We abide by Reddthat's Instance Rules & the Lemmy Code of Conduct. By interacting here you agree to these terms.

Rules

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 6 months ago (2 children)
[–] [email protected] 2 points 6 months ago

Give it time..

[–] [email protected] 2 points 6 months ago

We need to kill this popular myth. Monopoly power is not defined by an actual monopoly. Those are exceedingly rare. Monopoly power is far more common. Talking about the exact number of companies in an industry is misleading at best when trying to talk about anti-competitive and rent seeking behaviors.