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by lazide 847 days ago
The USSR did the same thing, but worse. There was one (or at most 3) vendors for not just government stuff, for for everything. Even cars, and household goods. For market efficiency of course.

And the vendor got picked by some government official somewhere, so it was almost always their friends. No worries about having to pick the low bid!

That’s why the waitlist was decades for almost anything anyone actually wanted.