It's sort of the "why it works on paper" for capitalism. Nominally, it plus low barriers to entry/conversion plus anti-anticompetitive mechanisms/trust-busting/

It's sort of the "why it works on paper" for capitalism. Nominally, it plus low barriers to entry/conversion plus anti-anticompetitive mechanisms/trust-busting/etc lead to power structure wherein only businesses which keep their customers happy thrive. In practice, network effects/'brand name' recognition/QA make for a generally reliable customer base from those who don't remain informed or care about your policies/practices or are just used to your product, and that's even before high barriers to entry and other market factors limiting competition to those who engage in the same cost-cutting-oriented models and so end up optimizing the same way. TL;DR: Probably not.