alt Hacker News> An inevitable outcome of capitalism.
Not many things are actually inevitable. We could provide smaller companies some regulatory/tax advantages compared to larger ones, making them more competitive. If that's what society values, it can easily be done.
Replies
globular-toast • today at 8:38 AM
Yes, you're both right. An important role of government is to use regulation to prevent the inevitable.
Long ago it was understood that monopolies are bad for us, but it looks like we're destined to learn these lessons again the hard way. I don't think it was ever imagined the people would vote monopolists into the position of regulator.
Theoretically possible regulation doesn’t make it less inevitable. Only actual regulation that is also being enforced would.