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by hedora
1190 days ago
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I’m not so sure. The US has markets that are resistant against consolidation. I think this is a natural consequence of letting the biggest companies control the politicians that set the rules. (What you say is true for pure free markets, but the banking industry is incredibly regulated, and the government routinely picks winners and losers in it.) |
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I don't see why they are special and the trends are clear, despite the claim. If govt regulation results in a few winners who have played by the rules and are seen as more reliable or it's free market monopolists (or duo, etc), the result is the same.