@GuntherEagleman Clutching your pearls because someone pointed out their opponent took $15,000,000 from a foreign country to defeat them is the most boomer-con shit ever.
@romanhelmetguy Yes, and once a monopoly is in place. If the company raises prices, new companies are formed because it is profitable. However, giant corporations use lawmakers to make the barrier of entry so high, that competitors cannot enter the space without significant capital.
@BobMurphyEcon The funny thing, is that government does this all of the time. Remember when the COVID vaccine “decreased the mortality by 100%”? Or whenever inflation goes from 7.4% to 6.7% they call that a 10% drop? Government has been incompetent liars for centuries.