There’s two contradictory notions at play: that competitive markets produce more efficient outcomes, but also that capitalism tends toward monopoly. So, government must from time to time use the hammer of antitrust to clear the logjams. When government puts aside that tool, power concentrates in a way that is not healthy for the overall economy. It becomes difficult for ordinary citizens to untangle themselves from the vampire squid. I mean, who can resist an amazing deal on Bic pens?
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