Even the automakers don't make super profits. And GM would have gone under during the recession. http://marketrealist.com/2015/02/intense-competition-leads-low

Even the automakers don't make super profits. And GM would have gone under during the recession. http://marketrealist.com/2015/02/intense-competition-leads-low-profit-margins-automakers/ http://marketrealist.com/2015/02/intense-competition-leads-l... Yes ideal competition is just an ideal. But given the right regulatory environment you can very extremely closely mimic that ideal. Maybe even surpass it in terms of encouraging competition.