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While it is true that scale brings certain advantages, larger companies are not an unalloyed good. For instance: - larger companies can leverage near-monopoly
by candu 11y ago
While it is true that scale brings certain advantages, larger companies are not an unalloyed good. For instance:
- larger companies can leverage near-monopoly status to prevent meaningful competition, increase rates, etc. (e.g. Verizon/AT&T/Comcast)
- larger companies can collude to drive the price of labor down. (e.g. tech anti-poaching pact.)
- one large company, by being "more efficient", may in fact employ fewer people than your ten smaller companies combined, especially if they are able to invest in large-scale automation initiatives.
- larger companies have a wider view of your activity, making them a single point of failure for personal privacy. (e.g. national security letters, NSA datacenter tapping.)
To paraphrase the parent comment: just because one company can unite the services of ten doesn't mean that it's beneficial.
- robwilliams 11y agoA large company doesn't equate to a monopoly. Multiple giant companies can duke it out (and they do). I'm arguing against the idea that small companies are objectively better. I would certainly prefer a large mobile provider with service around the world (of which there are many) than a small provider operating out of my city. I would prefer a large ride-sharing app (of which there are at least two) with coverage in most major cities instead of installing 10 different local apps for the same purpose. I'm not arguing that big companies are better, but I am arguing there are certain benefits to large companies that operate around the world (as long as there's competition).