Re: An event horizon for economists?
That's supposed to be an economic absurdity - one company, one hardware customer, is a bigger market than the entire customer base of the world's biggest hardware supplier, or their second and third-largest rival?
It's called "specializing for a special task". It is possible if commodity stuff can be thrown together to build a specialized tool as materials and know-how become commponplace. It's the same reason why there are not only 5 companies building houses in the world.
It goes without saying that we've long since passed the event horizon for external supervision by governments and the rule of law to prevent abusive monopolies, regulatory capture, and tax evasion.
I don't know what world you are living in, but we are frankly into Nazi territory and moving deeper regarding:
1) Arbitrary antitrust shit whenever some (generally leftish) cunt in government feels like it "Uh... I think people are collunding ... how horrible. Let's reduce the price forcefully for the peons!!" Sure a formula for Great Success. As opposed to letting the monopoly die on its arse by enabling some competition.
2) Regulatory capture being ENABLED by government at full throttle. Checked whether you company is "green enough" lately? Yep, you are being forced to dump the lightbulbs for no good reason.
3) "Tax evasion" being chased down like Himmler's mystical projects depended on it. Which is why you hear about it so much. These taxfeeders are voting themselves pay increases and are HUNGRY.