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From the perspective of large multinational companies, the environment has changed. Tech and emerging market companies create low margin competition that incum
by throwaway13337 11y ago
From the perspective of large multinational companies, the environment has changed.
Tech and emerging market companies create low margin competition that incumbents can't compete with.
The rate at this happening is higher than ever before and has recently sort of exploded.
- stevetrewick 11y agoWhile I'll certainly agree that the rate is variable, the underlying mechanism seems fundamental to how trade/markets/capitalism function. Perhaps my definition of 'environment' is wonky.