Live Free or Die.ca

Politics and society from a Canadian liberal perspective

Author:
Nick Ragaz

Inspiration:
Mike Barrenger


☆  How Detroit Went Bottom-Up | The American Prospect

“One of the most stubborn myths about monopolization is that it eliminates competition, making it easier for both managers and financiers to plan and invest for the long term. In practice, monopolization only redirects competition. In place of competition along horizontal lines (between firms vying to offer the same basic products and services) monopolization tends to increase competition along vertical lines.”

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