When that happens, it's easy to conclude that government is *incapable* of regulating, and to insist that we might as well do away with the state altogether. This is a self-reinforcing belief, because the weaker the state is, the more monopolists can steal from you:
pluralistic.net/2022/06/05/r...
pluralistic.net
Regulatory Capture – Pluralistic: Daily links from Cory Doctorow