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submitted 1 year ago by NightOwl@lemm.ee to c/worldnews@lemmy.ml
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[-] ProxyTheAwesome@hexbear.net 14 points 1 year ago

If it involves "an oligopoly, a cartel, or a monopoly" then it is not a "free market"

Markets unregulated tend towards oligopoly, cartels and monopoly over time. Free market is interchangeable with private autocracy.

this post was submitted on 04 Oct 2023
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