How Market Regulation Creates Monopolies - Explained in 60 seconds. #Shorts
3 years ago
63
People often suggest using state regulation to fix random perceived market failures, but the truth is this regulation usually just results in monopolies. The reason this happens is because fees imposed by regulations often raise the "Barrier to entry" for competition. This short explains why, using the video game industry as a hypothetical example.
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Music by: Sagittarius V - The Night
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