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Yep, this is an interesting pattern in a libertarian (essentially, they are ignoring laws for now) society. They will provide good service and rates until they
by feybay 11y ago
Yep, this is an interesting pattern in a libertarian (essentially, they are ignoring laws for now) society. They will provide good service and rates until they have a monopoly and can maintain it. Then, they'll abuse the customer until a viable alternative pops up.
- sukilot 11y agoAnd this is why antitrust law exists.
- dylanjermiah 11y agoYou assume they can get to 'monopoly'(how do you define monopoly? 80% 90% 100%?). In an actual free market that will rarely, if ever happens. When has that actually occurred? (government backed cartels don't count)
- feybay 11y agoThat's a very good point.