Comment by bigyabai

> for example the big companies are lobbying for regulation on AI to help cement their position at the top

And pray tell, how did that work out? It didn't. The worst of it came from OpenAI snatching up long-term federal contracts, but it's not illegal or anticompetitive to waste taxpayer money on debt-encumbered AI outfits. You're citing an example that works against your broader point.

> doesn't mean that it's possible to sustain a monopoly position for a significant amount of time.

> Unlike other competitive activities there isn't a time clock with winners declared at the end.

Neither the SEC nor the FTC has ever argued either of these points to my knowledge. Maybe this is true for other economies, but not America.

> Economists have shown that absent of external cofounders

We don't live in a world absent of confounding factors. Simple cartel logic is enough to loophole around this little theory: https://en.wikipedia.org/wiki/Cartel

  ---

I personally don't take offense at people who prefer anarchist economics. But you have to understand that your opinion about regulation is not shared by even the most hardcore conservative politicians. US courts have proven that it is possible to hold an indefinite monopoly and incur billable damages onto the market, hurting consumers and competitors alike.