alt Hacker News> Merging reduces platform inefficiencies
This was literally why Rockefeller was a big proponent of the monopoly. Unfortunately exploitation is the tradeoff that is enables
> Merging reduces platform inefficiencies
This was literally why Rockefeller was a big proponent of the monopoly. Unfortunately exploitation is the tradeoff that is enables
It's an argument he advanced in favour of monopolies. Then reason he was in favour of being a monopoly was, of course, that it gave him more money.