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BYD Reveals the ‘World’s Longest-Range EV’ as American Auto Industry Struggles to Keep Pace (gizmodo.com)
submitted 6 months ago by to c/technology@lemmy.world
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[–] 2 points 6 months ago (1 child)

And there never will be. Not so long as it is possible to hide information from the consumer, and any sort of barrier to entry exists for market competition to spring up.

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  • [–] 1 point 6 months ago (1 child)

    My point was it's literally impossible.

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  • [–] 2 points 6 months ago

    Yup.

    There are very niche situations where a free market actually works - situations where there is no hidden information and no barrier to entry, where monopolies can't arise due to the nature of the specific market. By the nature of these restrictions, nothing of any importance will ever be supplied by these markets.

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