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this post was submitted on 26 Aug 2024
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That's a strawman. I never said the US was operating in a completely free market, I used the VC example because it's relatable. We all remember when Uber and Amazon were cheap and we were told that these new cheap prices were the new norm. Then the VC capital ran out in the case of Uber and the online market was monopolized in the case of Amazon and the prices are now higher because existing competition was destroyed.