Re:Goodreads was the future of book reviews. Then Amazon bou...
by bobbylarrybobby on Monday July 03, 2023 @04:34PM
(#36578407)
The free market elected a government with an FTC, so...
Re:Goodreads was the future of book reviews. Then Amazon bou...
by f-securus on Monday July 03, 2023 @04:29PM
(#36578339)
Free market capitalism only works when there is competition. Big companies buying out the competition to limit consumer choices and effectively stall innovation is exactly the things the government should be protecting against to keep the ‘free market’ thriving.
Re:Goodreads was the future of book reviews. Then Amazon bou...
by ClumsyPilot on Tuesday July 04, 2023 @02:34AM
(#36582989)
> Free market means, freely allowing people to trade using persuasions
Have you ever heard of market manipulation, wash trading, self dealing, and other kinds of fraud in the 'free market'?
Free market means, freely allowing people to trade using persuasions — not government using its coercion. People also often forget other side of the picture.
1. Why don't they attack smaller companies who are ready to sell their companies to Amazon or Microsoft. 2. Why don't they ask government to put people in jail who are buying products from Amazon and making Amazon big?
Recently EU also making plans to regulate the battery replacement. I covered that here briefly in my site political-ledger dot com