Re:It's not a crime if we do it with an app
by ogleopoly on Sunday January 26, 2025 @04:00PM
(#42834056)
Which part of not preventing a bunch of mergers for decades counts as government intervention to you?
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Re:It's not a crime if we do it with an app
by olalonde on Sunday January 26, 2025 @04:16PM
(#42834219)
Government non-intervention doesn't typically lead to monopolies. What monopoly are you referring to?
Re:It's not a crime if we do it with an app
by AnthonyMouse on Sunday January 26, 2025 @06:54PM
(#42835618)
1) Government imposes regulatory barriers to entry, inhibiting new businesses from entering the market
2) Incumbents buy each other and raise prices
If you only had the second one then as soon as the incumbents tried to raise prices, new businesses would want a piece of it and enter the market, causing prices to fall until it was no longer profitable to enter the market.