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A comment on The Billionaire Behind Efforts to Kill the U.S. Postal Service [pdf]. Parent comment

Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by posguy on Tuesday July 21, 2020 @08:17PM (#23912451)
Buying up all the land that contains a particular resource then guarding it, thus permanently locking said resource away is one way to monopolize a market vertical.
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by jeffbee on Tuesday July 21, 2020 @08:20PM (#23912476)
If there had ever been such a person, even once, it seems like we'd be celebrating them today. If you could send a guy back 200 years to keep all the coal in the ground, you'd do it.
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by posguy on Tuesday July 21, 2020 @08:27PM (#23912535)
There are very few that will celebrate De Beers implementation of this monopoly business model: https://en.wikipedia.org/wiki/De_Beers#Legal_issues
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Tuesday July 21, 2020 @09:00PM (#23912799)
De Beers does not have a monopoly. Look up their market share.
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by posguy on Tuesday July 21, 2020 @09:10PM (#23912873)
They had an effective monopoly, until their control of supply was broken: http://www.paulzimnisky.com/a-brief-history-of-de-beers
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Tuesday July 21, 2020 @09:35PM (#23913053)
By market forces. Competition, when permitted to exist, produces net benefits.
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by manigandham on Tuesday July 21, 2020 @08:36PM (#23912600)
What does this have to do with billionaires? Everyone does from private citizens to governments do this, and land itself has value whether there are resources are not.
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Tuesday July 21, 2020 @08:53PM (#23912746)
Can you give me one example of a billionaire doing this?
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