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by clusterfish
1576 days ago
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Not everything that is essential should be regulated the same just because they have this factor in common. Stop being so dense. A market being essential simply means that optimal outcomes in that market are very important, so regulation is more justified if that market is a failure (such as a duopoly). One of the many differences is that the duopoly of Apple and Google in mobile markets is effectively unbreakable without government regulation. Today there is no amount of billions you can spend to break their moat. In contrast, grocery stores are highly competitive because they don't have insurmountable barriers to entry. Anyone can lease retail space and sign up with a distributor. There are lots of independent grocery stores operating in many towns. |
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