* With sufficiently large and entrenched companies.

There's a semi-common meme on Twitter where people share their most X opinion, where X is a group the poster doesn't identify with; or sometimes my least X opinion, where X is a group they do identify with.

In that spirit, my least libertarian opinion is that exclusivity deals with sufficiently entrenched companies[1] are bad and should be illegal[2].

To make it even less libertarian, I think it should be an unfair playing field and their competitors should be allowed to pay for exclusivity[3]. If you're a new entrant to a market, an exclusivity deal might be the only way you can break in, and more competition is good[4].

Exclusivity Deals With Monopolists Have Asymmetric Costs

The problem with exclusivity deals with a company that already has a monopoly is that the cost is much higher for a new entrant than the [...]

---

Outline:

(00:56) Exclusivity Deals With Monopolists Have Asymmetric Costs

(01:40) Your Choices

(03:08) This Seems Bad

The original text contained 10 footnotes which were omitted from this narration.

---

First published:

Source:

---

Narrated by TYPE III AUDIO.

---

Images from the article:

Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.