this post was submitted on 19 Aug 2024
896 points (98.6% liked)
Technology
61689 readers
4625 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It only works in competition which we don’t have for the most part.
Instead we have the illusion of choice through multiple brand product names. There’s a couple choices, sure, but few enough to function as an effective monopoly.
I notice OP said
And you agreed with him, but I'd like to point out you're talking about one country
Monopolies are really really bad for consumers and are strictly regulated in modern countries