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Path: ...!3.eu.feeder.erje.net!feeder.erje.net!usenet.goja.nl.eu.org!weretis.net!feeder8.news.weretis.net!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: Lawrence D'Oliveiro <ldo@nz.invalid> Newsgroups: comp.misc Subject: Re: My Dinner With Marc Andreessen Date: Sun, 7 Jul 2024 04:48:49 -0000 (UTC) Organization: A noiseless patient Spider Lines: 13 Message-ID: <v6d6nh$6r8h$2@dont-email.me> References: <slrnv85b2k.1pv.bencollver@svadhyaya.localdomain> <v67cdi$2v6vc$3@dont-email.me> <871q48kyiz.fsf@eder.anydns.info> <c059e371-33e2-0075-0def-bc3a3c76778c@example.net> <v68p89$d1q$1@panix2.panix.com> <335ed481-557d-7d19-949a-fadba2016d2f@example.net> <v69fbp$3d8jk$1@dont-email.me> <fceb74f9-2c99-98f2-7773-f8d07b7bbc56@example.net> MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit Injection-Date: Sun, 07 Jul 2024 06:48:50 +0200 (CEST) Injection-Info: dont-email.me; posting-host="68b1498c9728a898ae95fa9c50f05ec1"; logging-data="224529"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/KnRaV/HD3z8hKiBsqnG1b" User-Agent: Pan/0.158 (Avdiivka; ) Cancel-Lock: sha1:n91D3fzV2jY2r3qNsG+pkmN6PwY= Bytes: 1866 On Sat, 6 Jul 2024 12:18:57 +0200, D wrote: > If they raise the price, competitors will form, or alternatives will be > developed. There are ways to stifle competition, if there are no laws to prevent it. Deceptive advertising, predatory pricing, cornering the market on important components, buying out competitors ... the history of capitalism is littered with examples of all of these. Remember the phrase: “power corrupts, and absolute power corrupts absolutely”. An economic monopoly is something pretty close to “absolute power”.