Replying to Avatar AbsurdZugzwang

I asked Grok to compare the process of opening a new bank in Australia against the process of opening a new bank in other countries and it’s conclusion was “Australia’s APRA is among the strictest regulators globally”. So I’m starting to see your point.
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vinney...axkl 7mo ago

I wouldn't be surprised if the more a sector is State regulated, the more monopoly-prone it is. I'd actually be surprised if the opposite was true.

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