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What is chokepoint capitalism?

The Culture Journalist

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How the Current Tech Downturn and Silicon Valley Bank Fit in With All This

Companies use things like network effects or ultra-low prices to freeze out their competitors and lock in both users and suppliers. The tech companies aren't the only organizations that use these strategies, and they aren't unique to the internet. Much of the book discusses how some of the culture industry's fustiest legacy institutions, like the major record labels, radio companies, and Hollywood talent agencies, take advantage of chokepoints as well.

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