this post was submitted on 23 Oct 2024
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The free market is going very well here
This is 100% capitalism. It's not free market to have a goverment-enforced monopoly.
This is textbook late stage free market ideals at work. This is how the free market always ends.
Sorry have you been around to observe a lot of free markets ending?
There are lots of different kinds of markets, like phone market, grocery market, goldsmith market, etc.
The governments have to interfere in many markets all the time, that there aren’t monopolies forming or Price-fixing agreement be done, which would lead to prices go ridiculously high, or last companies in markets fucking up taking tons of knowhow with them.
X - ~~The system is broken.~~
✅ - The system is working exactly as intended and must be destroyed.
You are correct. There would be no copyrights or patents in a free market.
Yeah, the huge companies would dominate over small companies even more than they already do.
What's government enforced about it? Is ARM the only allowed chip designer for cellphones?
Copyrights and patents