this post was submitted on 19 Aug 2024
895 points (98.6% liked)
Technology
59308 readers
4786 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 another!
- 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
Approved Bots
founded 1 year 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