The Myth of Perfect Competition

That perfect, fair market they teach you about in school? It's a myth.

The real world runs on imperfect competition, and it’s why you’re paying more for almost everything.

Most industries are either a monopoly, with one single boss, or an oligopoly,

where a few giants like car makers or airlines control the whole game. This gives them

insane market power, letting them set prices way above their actual costs. Data proves it:

the more concentrated a market is, the higher the price markup gets. So,

you're not just buying a product; you're paying a premium because true competition

is an illusion.