How Do Libertarians Deal With Monopiles

[u/OkPreparation710]

In wake of the Presidential Election, I have been reading and learning more about alternative ideologies. Libertarianism - particularly Minarchy - has stood out the most to me, but I cannot fathom how monopiles are dealt with. I understand that some people say that if the market is free with no regulations, then there can only ever be a monopoly by having such a good product, but what is there to stop business owners bribing smaller businesses to sell their business to them. For example, if Company A is the largest company in a sector. Then you have many smaller companies. What is stopping the owner of Company A from bribing the owners of all the smaller companies to sell their companies to Company A? Company A could then acquire all the competitors in the market, and hence a monopoly is created.

Sorry if this is naïve, but I just cannot wrap my head around it.

Thanks!

Edit: I just realised I spelt monopolies as monopiles, but I cannot change the title

Edit 2: Thank you for your help everyone, I understand now and the example of Thames Water in London has definitely reinforced the rest of your comments about monopolies being propped up by the Government most of the time

[u/OkPreparation710]

Through regulations created by industry backed lobbying, I assume?

[u/Anthrax1984 → u/OkPreparation710]

Yep, its called regulatory capture.

A good modern example is Bezos advocating for a much higher minimum wage, while also automating his business as fast as possible. This will allow him to force his competitors out of business that rely on brick and mortar locations and expand his monopoly.

[u/jasont3260 → u/Anthrax1984]

An even better example is Meta meeting with governments to enact “child protection” laws and regulations that basically make it all but impossible for competitors to enter the market since they can’t afford the compliance infrastructure.

[u/umpteenththrowawayy → u/jasont3260]

The same can also be seen with Tesla backing environmental legislation, new startups simply can’t meet regulation standards and remain competitive.