That’s how monopolies get formed, make it unsustainable for competition to exist, and then jack up prices when they all die.
That lower cost people pay upfront thanks to monopolies, is then drained back with interest, using higher prices, reduction in social mobility (of new founders/startups), reduction in innovation & increase in rent-seeking behaviour.
Breaking up monopolies has been long overdue, it’s a good thing its starting now.
That lower cost people pay upfront thanks to monopolies, is then drained back with interest, using higher prices, reduction in social mobility (of new founders/startups), reduction in innovation & increase in rent-seeking behaviour.
Breaking up monopolies has been long overdue, it’s a good thing its starting now.