Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Taxis are a government created monopoly.

None of the big-box stores have created a monopoly.

Amazon unseated behemoth Walmart with a mere $300,000 startup capital.

Musk founded his empire with $28,000.



> Taxis are a government created monopoly.

Taxi apps—uber & lyft. They moved into an area (often illegally); spent a shit-ton of money to displace local legal taxis, and then jacked up prices when the competition ceased to exist. Now I can't hail a taxi anymore if I don't have a phone.

> None of the big-box stores have created a monopoly.

They do in my region. Mom and pop shops are gone.

> Amazon unseated behemoth Walmart with a mere $300,000 startup capital.

We've been over this—they occupy different markets.

> Musk founded his empire with $28,000.

Sure. It would have been far easier to do with more capital.


Uber and Lyft compete with each other. The higher prices resulted from government mandates on pay for the drivers.

Amazon and Walmart do compete with each other. Neither has a monopoly. Nor have I noticed jacked up prices from them.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: