The internet promised open markets, delivered rigged ones, then fake ones, then outright monopolies

Markets don't solve all our problems, but they sometimes produce remarkably efficient systems for producing and distributing goods, and the internet traded on that promise with marketplaces like Ebay (anyone can sell, anyone can buy); Google (anyone can publish, anyone can read), and Amazon (one marketplace where all goods are transparently priced and ranked). (more…)

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