In the United States, anti-trust laws prohibit (with exceptions) a single company owning more than 50% of a market. This means you usually have 2-3 large suppliers and then some smaller independents. Whether it’s the beverage industry, telecom, airlines, etc.
I wonder if these laws need to be revisited and what’s considered a monopoly should be redefined.
What’s produce look like?
Tax economic rents in the 90% – 100% range, or nationalize companies when they get to like 10% of a market and break them up (assuming the market hasn’t significantly changed in the last couple decades).
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Bingo
In the United States, anti-trust laws prohibit (with exceptions) a single company owning more than 50% of a market. This means you usually have 2-3 large suppliers and then some smaller independents. Whether it’s the beverage industry, telecom, airlines, etc.
I wonder if these laws need to be revisited and what’s considered a monopoly should be redefined.
What’s produce look like?
Tax economic rents in the 90% – 100% range, or nationalize companies when they get to like 10% of a market and break them up (assuming the market hasn’t significantly changed in the last couple decades).