We have an entire generation of technologists convinced that you need a monopoly for a business to be viable, so every tech company is either trying to subsidize its way into a monopoly or running a deadweight loss.
Unsurprisingly, the resulting economy in aggregate is non-competitive, as it relies entirely on supply chains from competitive marketplaces.
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We have an entire generation of technologists convinced that you need a monopoly for a business to be viable, so every tech company is either trying to subsidize its way into a monopoly or running a deadweight loss.
Unsurprisingly, the resulting economy in aggregate is non-competitive, as it relies entirely on supply chains from competitive marketplaces.