Why is LLC (Limited liability company) an anti-market? | Hacker News

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		zx8080 on Feb 16, 2024 \| parent \| context \| favorite \| on: Plastics producers deceived public about recycling... Why is LLC (Limited liability company) an anti-market?

orwin on Feb 17, 2024 | [–]

Anti-free market.

No liability means that lying to improve returns is incentivized for the owners, and perfect information is needed to have free market.

knowaveragejoe on Feb 16, 2024 | [–]

Not anti-market, anti-free-market. At least that's what I think they're trying to say.

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