A question for readers: in many lines of commerce, large firms often enjoy significant cost and/or revenue advantages relative to smaller players. Over time, these industries tend to evolve to a format where many of the most successful enterprises are very large organizations. These firms typically wield considerable power relative to players smaller than they are, such as employees, suppliers, and customers, and often seek to influence governments. Moreover, many fields of enterprise have considerable barriers to entry, which further entrenches the position of powerful incumbents.
How do libertarians propose to respond to the power of large enterprises?