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this post was submitted on 21 Sep 2023
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Yeah wtf. Regulation is the only reason new businesses can come into the market at all
Indeed. Any problem with small business breaking in right now is mostly a function of the fact that our system for anti-trust has completely fallen off. Like the story about Microsoft and Phil Spencer wanting to buy Nintendo or Valve - in a sane world, they wouldn't even consider it because that's a clear case of consolidation that is harmful for consumers.
You've got it backwards. If it wasn't for the government, regulations and anti monopoly laws there wouldn't be any new companies, it'd just be one major Corp for each sector.
They still don't even go far enough tbh.
That's what free market means