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by kevincox
359 days ago
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> the market is naturally prone to converging on a single solution Not only that it is "naturally prone" to it (with thinks like bulk efficiencies) but also that it is economically prone to it. A free market with no monopolies drives profit towards zero. No company wants this so the logical response is to become a monopoly (or as close as possible) by putting up barriers to entry and competition. |
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