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A comment on FTC acts against private equity firm’s acquisition of veterinary clinics. Parent comment

Re:FTC acts against private equity firm’s acquisition of vet... by WaxProlix on Monday June 13, 2022 @03:01PM (#31730052)
It's exactly capitalism because concentrations of capital form and end up with a critical mass that controls various aspects of society - in this case licensing. It's also something that's literally happening under capitalism, right now, in very capitalist America.
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Re:FTC acts against private equity firm’s acquisition of vet... by danuker on Monday June 13, 2022 @03:07PM (#31730152)
While I give your argument some merit, i.e. nobody should be able to corner a market, in this case a different concentration of capital keeps the supply low: the Big Higher Ed one, as opposed to Big Vet.
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Re:FTC acts against private equity firm’s acquisition of vet... by astrange on Monday June 13, 2022 @03:57PM (#31730936)
It’s a modern mixed economy. Full capitalism was the previous stage, when unlicensed doctors traveled around selling people radium cures.

It’s actually very surprising we trust doctors so much (have inelastic demand for them) because for most of history doctors were more likely to kill you than not.

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