Competition goes way down when all the different companies are owned by a very small set of huge companies. And for these companies it’s easy to setup cartels and just simply not compete and jack up the prices. Competition happens when the companies must make a profit or die, not when conglomerates can trust that they’re the only game in town.

We’ve let our companies grow too large, giving them the ability to put the screws on us. Also competition isn’t really happening in many fields, as ask the companies are owned by pretty much the same people.

That ending, hoo boy.