• chonglibloodsport@lemmy.world
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    2 days ago

    Somehow the term free market became a bad word for many people. People think that a free market leads to a monopoly as one company eventually buys out its competitors. But if you look closely enough, nearly all monopolies are possible only with government interference in the market, either through tariffs, intellectual property laws (trademarks, patents, copyrights), or even direct monopolies over radio frequencies in the spectrum auctions.