Comment on BYD Reveals the ‘World’s Longest-Range EV’ as American Auto Industry Struggles to Keep Pace
SparroHawc@lemmy.zip 1 week agoAnd there never will be. Not so long as it is possible to hide information from the consumer, and any sort of barrier to entry exists for market competition to spring up.
ParlimentOfDoom@piefed.zip 1 week ago
My point was it’s literally impossible.
SparroHawc@lemmy.zip 1 week ago
Yup.
There are very niche situations where a free market actually works - situations where there is no hidden information and no barrier to entry, where monopolies can’t arise due to the nature of the specific market. By the nature of these restrictions, nothing of any importance will ever be supplied by these markets.