this post was submitted on 20 Aug 2023
1017 points (81.2% liked)
Memes
45764 readers
1119 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Monopolies have been allowed to take over large portions of the markets (amazon, google, windows etc). Startups need more backing and protection from government sources. Without competition we get screwed in the long term.
It's better to prevent the formation of these kinds of monopolies by proper regulations and approval for acquisitions and break-ups of bigger corporations into multiple smaller ones. Like what happened with Standard Oil and Microsoft at one time
Oil companies are gouging the planet and Microsoft has no real competition. That doesn't hold much water imo.