Comment Comment by kibwen > Competition is the natural state of affairs.This is not even remotely true. Economies of scale mean that power accumulates and monopolies emerge, and monopolies are the antithesis of competition. In order to ensure competition, you need regulation to shake the jar regularly. parent kibwen 3 years ago
This is not even remotely true. Economies of scale mean that power accumulates and monopolies emerge, and monopolies are the antithesis of competition. In order to ensure competition, you need regulation to shake the jar regularly.