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Absolutely. We will see a scenario where the big companies readjust to the new market while everybody else loses.
This reminds me of the mocking of unions that I witnessed happening a lot online a year or two ago and I was so fucking confused how normal everyday people who didn't own big companies could poopoo unions and call it commie shit.
In my country, we have a proud union history that has secured the rights of workers for generations so it was very bizarre to me to see - mostly Americans - mock unions as a concept.