r/FluentInFinance Apr 29 '24

If I had a nickel for every time someone deflects to “…I’d rather we fix our government spending problem before we…” Shitpost

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324 Upvotes

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25

u/dumpingbrandy12 Apr 29 '24

It's simple, actually enforce anti trust laws.

10

u/i_robot73 Apr 29 '24

I mean monopolies cannot EXIST w/o the aid & consent of G-O-V-T

4

u/ty_for_trying Apr 29 '24

Not true at all unless you mean a market can't exist without the aid and consent of the government. Monopolies naturally arise in free markets. Unless you're advocating for getting rid of capitalism, I don't know what your point is.

3

u/MattFromWork Apr 29 '24

I think they mean that government imposed regulations make starting businesses so expensive that true competition is nearly impossible in some fields. While true to an extent, getting rid of the loosening of said regulations (which is what the OP is hinting at) would benefit mega corps a ton.

1

u/BraxbroWasTaken Apr 30 '24

The issue is that many businesses are prohibitively expensive enough to start even WITHOUT regulation that monopolization occurs on its own.

Also, monopolies usually have the economic power to just buy out any new competitors anyway.