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0 pointslayer81mo ago0 comments

How would a bad monopoly be likely to be taken down if not by government intervention?

0 comments

It eventually becomes so big and inefficient that it gets overtaken by new competitors.

A Monopoly implies an organization powerful enough to stop competition. Seems like this solution that relies on competitors is fatally flawed. If there are enough competitors to meaningfully compete then there isn't a monopoly.

naasking1mo ago

You can only truly stop competition by government intervention.

yoyohello131mo ago

When an organization gets big enough it is indistinguishable from government.

1 more reply

hammock1mo ago

Insert better horse/car analogy here

layer8OP1mo ago

A monopoly comes with serious moats, otherwise it wouldn’t be one. It can stay big and inefficient for decades.

Jensson1mo ago

Not if they hire good to go and literally kill the competition.

naasking1mo ago

Open source vs. Microsoft is a great example.

j / k navigate · click thread line to collapse

0 comments

logicchains1mo ago

It eventually becomes so big and inefficient that it gets overtaken by new competitors.

yoyohello131mo ago

naasking1mo ago

You can only truly stop competition by government intervention.

yoyohello131mo ago

When an organization gets big enough it is indistinguishable from government.

1 more reply

hammock1mo ago

Insert better horse/car analogy here

layer8OP1mo ago

A monopoly comes with serious moats, otherwise it wouldn’t be one. It can stay big and inefficient for decades.

Jensson1mo ago

Not if they hire good to go and literally kill the competition.

naasking1mo ago

Open source vs. Microsoft is a great example.

j / k navigate · click thread line to collapse