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A comment on Things from leaked audio of Mark Zuckerberg and his employees. Parent comment
Not necessarily, no. Many grocery stores have a bit of a monopoly in certain areas. It may not be possible for competitors to replace them instantly.
And a lot of people would starve before perfect competition, which doesn't exist, comes around to eventually replacing them.
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Not necessarily, no. Many grocery stores have a bit of a monopoly in certain areas. It may not be possible for competitors to replace them instantly.
And a lot of people would starve before perfect competition, which doesn't exist, comes around to eventually replacing them.