Re:Give nothing, expect nothing: Gitlab latest punching bag ...
by popcorncowboy on Thursday August 11, 2022 @08:05AM
(#32424435)
> The name for it is VC-backed capitalism
The goal of which is to seek monopoly or at worst stable oligopoly.
Anyway, GP was asking what you call it when you saturate/dominate a market, become the standard and then raise prices on your captured audience. This is definitional monopoly. VC-backed capitalism is a predictable symptom emerging from the possbility of such outcomes.
The goal of which is to seek monopoly or at worst stable oligopoly.
Anyway, GP was asking what you call it when you saturate/dominate a market, become the standard and then raise prices on your captured audience. This is definitional monopoly. VC-backed capitalism is a predictable symptom emerging from the possbility of such outcomes.