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by happytiger 1319 days ago
Yes but opendoor just competes against other companies of scale.

The issue is that individuals who wish to purchase and live in homes cannot compete with companies of scale at all.

So it’s not about anticompetitive practices, because it’s now two corporate incumbents competing, but a corporate incumbent competing against an individual, who stands no chance against that scale of cheap money.

Competitive effects do not always lead to desired outcomes even if they create healthier markets.