2026-09-07 05:32 UTC
After all, if a company with a large market share was cheating - say, if it was increasing its profit margins by reducing quality or jacking up prices - then smaller companies would rush into the market to poach its dissatisfied customers.
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Replies (1)
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@pluralistic@mamot.fr 2026-09-07 05:32
Thus, all competition enforcement was reduced to an empty syllogism: monopolies are the result of excellence and any less-than-excellent monopolist will have its advantage "competed away." Therefore, any monopolist you encounter in the wild is *definitionally* not a bad monopolist, otherwise it would already have disappeared. 5/