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From: Andreas Eder <a_eder_muc@web.de>
Newsgroups: comp.misc
Subject: Re: My Dinner With Marc Andreessen
Date: Sat, 06 Jul 2024 12:12:08 +0200
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On Fr 05 Jul 2024 at 18:51, Rich <rich@example.invalid> wrote:

> D <nospam@example.net> wrote:
>> 
>> 
>> On Fri, 5 Jul 2024, Scott Dorsey wrote:
>> 
>>> D  <nospam@example.net> wrote:
>>>> On Fri, 5 Jul 2024, Andreas Eder wrote:
>>>>> On Do 04 Jul 2024 at 23:49, Lawrence D'Oliveiro <ldo@nz.invalid> wrote:
>>>>>> On Thu, 4 Jul 2024 12:42:22 +0200, D wrote:
>>>>>>
>>>>>>> I find it tragic that something like that should be necessary for people
>>>>>>> to lift a finger when it comes to protecting markets.
>>>>>>
>>>>>> Almost as though free markets cannot remain free without regulators to
>>>>>> keep them free.
>>>>>
>>>>> Free markets ten ro become oligopols, if not regulated.
>>>>> That is not gard to priive under some mild conditions.
>>>>> Go read about it, if zou can understand the math behind that.
>>>>
>>>> Nope, actually governments tend to create oligopolies due to being such
>>>> big actors on the market that work according to politics and not according
>>>> to profit motive. FANG profit handsomely by government protection.
>>>
>>> Both of these statements are true and they are in no way contradictory.
>>> --scott
>>>
>>>
>> 
>> Nope, they are contradictory.
>
> The statements are not contradictory.
>
>> The act of regulation decreases freedom, hence increases 
>> oligopoly/monopoly.  It is of course a spectrum and not binary, but 
>> the more regulation, the more monopoly and the end station is 
>> socialism where the government is the monopoly with all the power, 
>> and the citizens being slaves.
>
> You are correct.
>
>> Only less regulation and more free markets can counter that. Johan 
>> Norbergs book, The capitalist manifesto also proves conclusively that less 
>> regulation and more freedom is the only thing that leads to increase 
>> quality of life.
>
> Yes, and no.  You may be overlooking that in a totally free market, the 
> competitors are also completely free to purchase each other, reducing 
> the overall competition.  If the specific market has large market 
> specific capitol costs for entry (i.e., must build a $5Bn or more 
> semiconductor chip fab in order to enter and compete) then, over time, 
> consolidation (largest competitor purchasing up smaller competitors) 
> can happen faster than new entrants such that, in the limit, the result 
> will also be monopoly.

That is exactly what will happen to an unregulated free market.
The only participants remaining after some time are the ones so big -
and almost equally big - that they are unable to purchase each other.

'Andreas

-- 
ceterum censeo redmondinem esse delendam