this post was submitted on 04 May 2024
315 points (94.9% liked)

Technology

59446 readers
4749 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] dantheclamman@lemmy.world 93 points 6 months ago (1 children)

It's an example of why monopolies are harmful. They create distorted economies that don't serve consumers. Like ecosystems overcome by a monoculture, monopolies are inherently less resilient, less functional and prone to sudden disruption.