Monopsony gives tech giants enormous power—but could be their undoing

The dangers of monopolies and trusts have long been clear. A company or an allied group that controls most sales of a good or service can use that power to set prices at an arbitrarily high level. Without competition, markets wither, and consumers and business customers pay more.

from Pocket https://www.fastcompany.com/90352975/why-monopsonies-not-monopolies-are-the-tech-industrys-biggest-threat
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