Less Competition, More Exploitation: The Monopoly Effect https://www.youtube.com/watch?v=DA-PY1VDidY Jul 12, 2025 #Cracknomics #Monopoly #BigBusiness
The rise of monopolies and oligopolies, where a handful of firms dominate key sectors, is increasingly hurting consumers, stifling innovation, and distorting the market. While we may argue that economies of scale lead to efficiency, the reality is that excessive market concentration often results in higher prices, fewer choices, and weaker competition. From telecom to the power sector, the growing dominance of a few players is creating an uneven playing field, ultimately harming the average Indian