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this post was submitted on 20 Aug 2023
1042 points (81.0% liked)
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Monopolies have been allowed to take over large portions of the markets (amazon, google, windows etc). Startups need more backing and protection from government sources. Without competition we get screwed in the long term.
It's better to prevent the formation of these kinds of monopolies by proper regulations and approval for acquisitions and break-ups of bigger corporations into multiple smaller ones. Like what happened with Standard Oil and Microsoft at one time
Oil companies are gouging the planet and Microsoft has no real competition. That doesn't hold much water imo.