this post was submitted on 03 Nov 2023
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Because monopolies famously never go badly for anyone.
It confuses me how this is a monopoly.
I keep hearing people call it that, but it doesn't fit the definition as I understand it.
I'm not saying this much consolidation is a good thing, don't misunderstand, I just don't think it's reached monopoly levels.
Doesn't have to be a monopoly to be shit, oligopolies are crap for consumers too
This. Seeing 1-2, maybe 3 major players in many industries now. "No monopolies here" may be true, but misses the point that the outcome is the same. This new conglomerate has just that much more capability to fuck over the little guy.