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← Competition breaks down once someone accrues dominant market power
17 connected korrents · 19 moments from 13 Jan 2022 to 25 Sept 2026.
Everything filed under market efficiency
market efficiency
Everything filed under stock market
stock market
Everything filed under price gouging
price gouging
Everything filed under capitalism
capitalism
Everything filed under economists
economists
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social media Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Competition breaks down once someone accrues dominant market power Competition breaks down once someone accrues dominant market power Last stated 5 years ago
13 Jan 2022
DH
David Heinemeier Hansson — holds since 2022-01-13 — tap for who they are
Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. Last stated a week ago
22 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-22 — tap for who they are
Same subject: Comparative advantage stops governing once the power imbalance is large enough: groups then switch into seeking to dominate instead of trading. — tap to centre the map on it Comparative advantage stops governing once the power imbalance is large enough: groups then switch into seeking to dominate instead of trading. Last stated 6 months ago
7 Apr 2026
MN
Michael Nielsen — holds since 2026-04-07 — tap for who they are
Same subject: Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. — tap to centre the map on it Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. Last stated 10 months ago
9 Dec 2025
RS
Rory Sutherland — holds since 2025-12-09 — tap for who they are
Same subject: A dominant platform is more fragile than it looks, because pushing users far enough makes even the locked-in ones leave. — tap to centre the map on it A dominant platform is more fragile than it looks, because pushing users far enough makes even the locked-in ones leave. Last stated 2 years ago
7 Oct 2024
CD
Cory Doctorow — holds since 2023-01-21 — tap for who they are
MW
Molly White — holds since 2024-10-07 — tap for who they are
Same subject: A market becomes commodified through fungibility of alternatives, not merely through lower price. — tap to centre the map on it A market becomes commodified through fungibility of alternatives, not merely through lower price. Last stated a month ago
26 Aug 2026
RK
Rohit Krishnan — holds since 2026-08-26 — tap for who they are
Same subject: Dominant companies shape not just their users' choices but the imagination of people actively trying to resist them. — tap to centre the map on it Dominant companies shape not just their users' choices but the imagination of people actively trying to resist them. Last stated 5 months ago
25 Apr 2026
PH
Phil Hagelberg — holds since 2026-04-25 — tap for who they are
Same subject: The AI build-out will end the way the internet did: a couple of Amazons, and a long list of companies that go sideways or disappear. — tap to centre the map on it The AI build-out will end the way the internet did: a couple of Amazons, and a long list of companies that go sideways or disappear. Last stated 3 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Costly and burdensome AI regulation would entrench an oligopoly, which is why some incumbents are asking to be regulated. — tap to centre the map on it Costly and burdensome AI regulation would entrench an oligopoly, which is why some incumbents are asking to be regulated. Last stated 4 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. Last stated 2 years ago
3 Mar 2025
TS
Tobias Sjösten — holds since 2025-03-03 — tap for who they are
Same subject: AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. — tap to centre the map on it AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. Last stated 2 months ago
15 Aug 2026
HR
Harper Reed — holds since 2026-08-15 — tap for who they are
Same subject: As AI inference costs fall, rising customer expectations will keep service margins from converging toward 100%. — tap to centre the map on it As AI inference costs fall, rising customer expectations will keep service margins from converging toward 100%. Last stated 2 weeks ago
17 Sept 2026
TT
Tomasz Tunguz — holds since 2026-09-17 — tap for who they are
Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. Last stated 7 months ago
3 Mar 2026
SB
Sanjay Bakshi — holds since 2026-03-03 — tap for who they are
Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes from its productivity, not from the financial system or stock market. Last stated a week ago
25 Sept 2026
MM
Mr. Money Mustache — holds since 2026-09-25 — tap for who they are
Same subject: AI models exhibit 'reflex' misbehaviors like clickbait that do not involve goal-seeking and persist despite feedback. — tap to centre the map on it AI models exhibit 'reflex' misbehaviors like clickbait that do not involve goal-seeking and persist despite feedback. Last stated a week ago
23 Sept 2026
SA
Scott Alexander — holds since 2026-09-23 — tap for who they are
Same subject: Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. — tap to centre the map on it Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. Last stated 8 months ago
12 Feb 2026
AT
Alex Tabarrok — holds since 2026-02-12 — tap for who they are
Same subject: Draconian price controls are among the most ruinous economic policies a government can impose. — tap to centre the map on it Draconian price controls are among the most ruinous economic policies a government can impose. Last stated 2 weeks ago
18 Sept 2026
SS
Scott Sumner — holds since 2026-09-18 — tap for who they are
Same subject: Dynamic pricing means prices decrease as well as increase. — tap to centre the map on it Dynamic pricing means prices decrease as well as increase. Last stated 3 weeks ago
13 Sept 2026
PG
Paul Graham — holds since 2026-09-13 — tap for who they are
At the centre
Competition breaks down once someone accrues dominant market power
Holds Read this korrent →
A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology.
Holds
Comparative advantage stops governing once the power imbalance is large enough: groups then switch into seeking to dominate instead of trading.
Holds
Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want.
Holds
A dominant platform is more fragile than it looks, because pushing users far enough makes even the locked-in ones leave.
Holds
A market becomes commodified through fungibility of alternatives, not merely through lower price.
Holds
Dominant companies shape not just their users' choices but the imagination of people actively trying to resist them.
Holds
The AI build-out will end the way the internet did: a couple of Amazons, and a long list of companies that go sideways or disappear.
Holds
Costly and burdensome AI regulation would entrench an oligopoly, which is why some incumbents are asking to be regulated.
Holds
A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in.
Holds
AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees.
Holds
As AI inference costs fall, rising customer expectations will keep service margins from converging toward 100%.
Holds
A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack.
Holds
A society's prosperity comes from its productivity, not from the financial system or stock market.
Holds
AI models exhibit 'reflex' misbehaviors like clickbait that do not involve goal-seeking and persist despite feedback.
Holds
Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation.
Holds
Draconian price controls are among the most ruinous economic policies a government can impose.
Holds
Dynamic pricing means prices decrease as well as increase.
Holds