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A comment on Bad government policy is fueling the infant formula shortage. Parent comment

Re:Bad government policy is fueling the infant formula shortage by specialist on Monday May 16, 2022 @06:34PM (#31403923)
Here's a fare primer:

https://fs.blog/mental-model-winner-take-all/

tldr: power laws, prefential attachment, compound interest.

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Re:Bad government policy is fueling the infant formula shortage by MichaelZuo on Tuesday May 17, 2022 @05:54PM (#31416744)
That explains the likelihood of a winner-takes-most situation developing. But that doesn't equate to a winner-takes-all situation.

I can easily see the 3 largest companies in a given sector taking 90% marketshare, or more. But to imagine 1 company taking 90% marketshare? I haven't seen a credible argument for why that would generally develop outside of some specific niche.

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