this post was submitted on 10 Apr 2024
1843 points (98.6% liked)
solarpunk memes
2827 readers
26 users here now
For when you need a laugh!
The definition of a "meme" here is intentionally pretty loose. Images, screenshots, and the like are welcome!
But, keep it lighthearted and/or within our server's ideals.
Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators' discretion.
Please follow all slrpnk.net rules and community guidelines
Have fun!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Indeed, and separating distribution from production is how decent competition is introduced in such markets (there are still barriers to entry related to infrastructure, but they're nowhere as bad as the ones when the distribution infrastructure is owned by the gas company).
However, often that's not how things are in the markets for gas, power and water supply as well as internet access.
Not only that but in markets were those things are separate the supply companies will try as hard as they can to get their hands on the distribution side (for obvious reasons), and, well, neoliberal politicians are usually happy to let them. The natural tendency in an unregulated market in those things is for sooner or later to end up in a winner-takes-all situation were one of the suppliers got it's hands on the distribution side and used it to create a monopoly position, if only locally.
It's a funny thing about the so-called "Free Market" in domains were it is possible for businesses to directly or indirectly create the conditions for natural monopolies: without actual intervention from an outside strong and independent actor (i.e. a governmental power with the will to intervene) such markets sooner or later end up naturally not being free anymore.
Market actors activelly and constantly seek a dominant position so if there are conditions for a monopoly (the most dominant position there is) one will eventually succeed and if there aren't but there are for the next best thing (a cartel) a handful of them will eventually succeed.