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A comment on Bloomberg just bought CityLab and put half its reporters out of a job. Parent comment

Re:Bloomberg just bought CityLab and put half its reporters ... by WalterBright on Saturday December 14, 2019 @05:19AM (#21788758)
One thing about the free market is it is constantly reallocating resources from lower performing uses to higher performing ones.
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Re:Bloomberg just bought CityLab and put half its reporters ... by milkytron on Saturday December 14, 2019 @06:25AM (#21788958)
That's assuming the free market is actually free.

Some lower performing resources are at an inherent disadvantage, created by the higher performing ones.

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