sapphi_snake said:
"Free markets" eventually have large companies swallow small ones, 'till monopolies are built. At that point it becomes impossible for other companies to enter the market and compete against the megacompanies, which leads to exactly the opposite of what you're saying. Microsoft is a great example of this. Ironically, the only way to keep the market truely free is to regulate it. |
So how did Microsoft prevent the enterance of other companies into the market, exactly?
Concerning monopolies, it is usually far better for industry to have heavy regulation to choke and destroy smaller businesses, than it is for free markets to grow and expand. The bigger the government, the more an industry can maneuver itself into a position to harm growth of smaller companies. Look at the US financial industry: many of the mega banks have poured millions into electing candidates that will push for their regulations that keep them afloat (the past few years are heavily evident of this concerning bailouts among banks and our auto industry).
Comparatively, a free market with fewer regulations ensure a level playing field for all. If a mega corporation cannot leverage the government to enact bills that will favor it, then it must compete against its peers.
Back from the dead, I'm afraid.







