Re: My Dinner With Marc Andreessen

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”.