this post was submitted on 01 Apr 2024
440 points (98.2% liked)

Memes @ Reddthat

1217 readers
1 users here now

The Memes community. Where Memes matter the most.

We abide by Reddthat's Instance Rules & the Lemmy Code of Conduct. By interacting here you agree to these terms.

Rules

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] slazer2au@lemmy.world 1 points 1 year ago (2 children)
[–] Fiivemacs@lemmy.ca 2 points 1 year ago

Give it time..

[–] Maggoty@lemmy.world 2 points 1 year ago

We need to kill this popular myth. Monopoly power is not defined by an actual monopoly. Those are exceedingly rare. Monopoly power is far more common. Talking about the exact number of companies in an industry is misleading at best when trying to talk about anti-competitive and rent seeking behaviors.