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2026-06-05 07:59:07 UTC
in reply to

satoshi jr on Nostr: No you claimed standard oil drove prices up after gaining a monopoly. But the data ...

No you claimed standard oil drove prices up after gaining a monopoly.
But the data show a lower average price
Which means on average they didn't have the ability to price above market rates. Competition kept them in some kind of check even with 90%

If you're seriously arguing that lower than market prices is a sign of pricing power you're retarded