Message from @Leo (BillNyeLand)
Discord ID: 531224264246951951
Obviously I can't name specific ones
wait I can
net neutrality
zoning laws
the huge amount of regulations in the healthcare market
net neutrality is useless
Incredible.
Yes
it's the regulation that harms businesses and creates monopolies
Oh yeah to add, regulation creates monopolies
The state intervention in the economy creates artificial high barriers to entry
Regulations do the exact opposite
Which creates the monopolies
Tell that to the healthcare market, ISPs
since the only reason the monopolies exists are due to regulations
for example ISP has zoning laws
Damn, I want to sit down and talk but I gotta do human things
I'll get back in a sec
But a 100% free market causes monopolies
That's what I thought
Competition is best when there are few monopolies or oligopolies. Regulatory barriers to entry into some fields are too high in my opinion, which should be fixed, but conversely regulations / tax collections on the big businesses in those fields is often lacking , which only exacerbates the problem
Look at happened in the late 1800s to the early 1900s
There was a complete monopoly
Gilded age
There were several monopolistic organizations in major industries
@Anon365 never
A free market never causes a monopolies that’s a myth
A natural monopoly DOES NOT EXIST
@Leo (BillNyeLand) all due to state intervention
The gilded age was never “free”
Remember the tarrifs
Companies will just lower their prices
Then the competition will be crushed
that’s also a myth
That's what happened
Have you heard of dow
It literally happened
He used to sell chemicals
it talks about predatory pricing
Wait