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by gen220 974 days ago
HFT is a dance in the shadows of the most highly-regulated practices in history (securities exchanges), I don't think it's a good example of "pure" markets being immune to monopolies.

Each of those regulations is a tombstone for the monopolies and cartels that came before, and there will absolutely be more tombstones to come. The history of the stock market is rife with corruption, stock manipulation, and short-thrifting the general public. The great fortunes of the 20th century were made on the backs of practices that are all kinds of illegal today, and with good reason.