And where it isn't PE actually buying up local plumbing, heating, HVAC companies, it's "CRM lead generators" using automation tools to build plausible looking websites/phone number presences that look like a real company, fooling people who are searching for plumbing services in $city into calling them, then funnelling the lead to some local company in exchange for a percentage. Worst offender in this category is probably locksmiths.

> An inevitable outcome of capitalism

That is why there were laws against monopolies. But some far-right activists proposed the idea of "if it is a monopoly is because is so good that people wants it". And they run with it. It makes no sense as all these monopolies are created by buying competitors not by being better. But as it helps the new aristocracy to accumulate power many sellouts are in favor of it.

This is exactly what made the feudal system so unhealthy and hostile towards innovation. Wealth concentration means power concentration that makes a few people so powerful that new and different ideas are violently attack from positions of power. Kings do not want better farming or better fabrics if it means that they lose the control over it. Kings value control over anything else, and we are entering a new era of kings, concentrated wealth and stagnation. We can change that, break all monopolies, redistribute power and let a dynamic healthy diverse economy rise again and bring its fruits to society.

> An inevitable outcome of capitalism.

Not many things are actually inevitable. We could provide smaller companies some regulatory/tax advantages compared to larger ones, making them more competitive. If that's what society values, it can easily be done.