It's a good time to learn a new word...
Yep. I learned that word in 2016. For the same reasons…
Yep. I learned that word in 2016. For the same reasons…
@Wildflower01 @augieray "Kakistopoly" is what you're looking for.
"Monopoly" is just one entity serving a market.
"Duopoly" is two. etc.
"Kakistopoly is where a market is served only by "the worst" (since, along with "kakistocracy" it derives from the Greek "kakistos" meaning "the worst"). i.e. Phone companies, banks, utility companies.
eta: To be clear, "kakistopoly" is a word made up by me. Likewise, I think "enshittification" would have been better expressed as "kakistification".
I've known it since 2016