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by Cumpiler69 552 days ago
>If they collectively decide stock price matters more than anything else

So an oligopoly that presents the illusion of free market?
2 comments
hnfong 552 days ago
Matt Levine has recently written a humorous-yet-thorough article on this exact issue: https://www.bloomberg.com/opinion/articles/2024-12-02/texas-...
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throwaway48476 552 days ago
A market has buyers and sellers. Corporate decisions are driven by politcs where market terms don't apply.
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