this post was submitted on 19 Aug 2024
895 points (98.7% liked)

Technology

59587 readers
3079 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. 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
[–] [email protected] 16 points 3 months ago* (last edited 3 months ago) (1 children)

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.

[–] [email protected] 1 points 3 months ago

I notice OP said

This world of monopoly

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