Message from @shaggE
Discord ID: 621781466770046986
not competition?
no monopoly
Almost as if cultural change had more impact than legislative one
^^
ALWAYS
Sometimes the lack of competition, thereof, just means the firm is efficient enough to last an extensive period of time without competition. Take Walmart, for example. There was also Sears, and now there's Amazon and eBay.
Monopoly is neither good nor bad by itself
Never was
and it should as law should take it's cue from the consensus of what the community deems just
Remember when pewds was hated around here
I told you
So, you have people claiming there's a monopoly when there isn't.
He wore an iron cross too
Legend
Walmart was subject to that criticism, back in the day.
Yeah MA that was the idea of the whole modern democracy I think
well, it's sort of a 'chicken or the egg' problem
The red pillers have been saved
Monopoly has merely a **GREATER POTENTIAL** to be abused and worse consequences
But there are plenty of benevolent monopolies that we accept and take for granted
It's all risk management decisions rly
once you are a monopoly, you have no one to leagally come after you AS a monopoly
There is no winning only slowly accepting the reality that you never could win.
I think people who are like pep unironically have a very low threshold of acceptable risk
Monopolies are not disturbed unless they start to abuse their monopoly status
The "might" sometimes is worse than "will"
Hehe
Fucking brain
What are you doing
it's very easy for companies like google to 'prune the garden' and drive up-starts out of busines by running at a loss temporarly
Not only that, but you've got market-entry barriers, in which entrepreneurs aren't able to enter the market and capture revenue from the pricing disparities/artificial inflation and lack of competition, you'd see in a manipulated market.
they can afford it in the short term
exactly
It can't be a monopoly if anyone can enter and compete.
market entry is a very big problem and it is the center of the regulation debate in my view
Doesn't mean just anyone has what it takes. 😉
BOSE was a monopoly in electronic noise cancellation for years in Germany
No one cared, because BOSE did not use their monopoly status to squish their competition in unfair ways
Competition grew naturally and the issue resolved itself
voila
pharmacuticals are a classic example
But Bose chad company