Corporations want to be monopolies. Then raise prices as high as they want.
Consumers want competition.
Sadly there’s LESS competition today than in the past. At this rate Amazon will have all the money.
- Four have 70% of airline flights. (hat tip: The Economist)
- Four companies control 66% of U.S. hogs slaughtered in 2015, 85% of the steer, and half the chickens. (h/t Open Markets Institute)
- Four companies control 85% of U.S. corn seed sales, up from 60% in 2000.
- Three companies control about 80% of mobile telecoms.
I MIGHT support governments breaking up some of the largest corporations, even if it’s for the wrong reasons.
