Quote:I understand the point of view of competition being the savior in this situation as well as the desire to remove gov regulation as plausible theory. I do not, however, think for a second, that left to their devices companies will not collude with each other to rig pricing and pay. I don't see how anyone can believe that companies, who's sole mission, is to make as much profit is possible will "do the right thing" or even truly compete with each other. 

 

In the small business world sure that's the case. But as companies grow larger and larger they aquire even more wealth to the point they just buy out competitors to stifle competition. 

 

Big mega corporations that have bought up the business only exist in industries with heavy regulation, think about it. Cable, Power, Phone and Retail are the big mega corporations, they all receive support from the government allowing them to play by a different set of rules.

 

You don't have one big mega lawn service buying out all the little guys, there's not one big mega dealership shutting down all the other car dealers, there's tons of industry where competition drives wages up and prices down every day. 

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