> In Economics 101, I learned that in a free and fair marketplace, it was impossible to maintain an …
> In Economics 101, I learned that in a free and fair marketplace, it was impossible to maintain an outsized profit, because competition would always show up to take part of that profit. This is all "perfectly spherical cow" economic theory which does not apply in reality. Do we really have a free and fair marketplace? Where's the competition that's shown up and been able to get any kind of substantial piece of the outsized profit of Facebook, Apple, Microsoft, Google?
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