alt Hacker News> There isn't anyone that would argue that a single or a group of firms dominating a sizeable amount of market, enough that they could, not that they do, influence and undermine the competitors is a desired status quo.
There are many people that believe monopolies are good, or at least that's what they say. Peter Thiel and Marc Andreessen are notable examples that argue monopolies are good for innovation, as they supposedly allow for the flexibility to explore crazier research. I think this argument is bullshit and demonstrably false but there are influential people that advocate for it.
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Their arguments are more against anti-trust. Consider these cases. They will be concluded by Trump’s AG. Which means a DoJ under Gaetz or whomever will have the power to put the country’s largest companies under consent decrees that can contain almost anything. (My guess is something about free speech and DEI.)
I feel like that argument is the new version of Trickle Down Economics.
In a sane world where people are not greedy? Yeah it could make sense because without the constraints of limited capital you can do whatever you want and it lets you be bold.
In the world we actually live in it does not work that way.