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I dont think it would be as bad as you feel. Things like pricing can be overcome as we have better information flow these days so the opportunity to order from
by Gustomaximus 9y ago
I dont think it would be as bad as you feel. Things like pricing can be overcome as we have better information flow these days so the opportunity to order from a variety of suppliers is much easier than ever to create competition. And wages...well I dont think the centralised system is showing much benefit there to debate the counter point.
The key is seeing the problem as a flow rather than 2 options. Yes large centralised systems are more efficient. So over time stores would re-centralise with the benefit being 'as they centralise'. When you break up a large player you now have many opportunities for improvement/innovation rather than someone entrenched who can win via their scale alone. The best stores will grow and spread, become entrenched and then we rinse and repeat.
I feel people forget a core component of governments role in healthy capitalism is ensuring a level playing field. This allows competition and innovation. I agree that centralisation has benefits for business but these seem to entrench and stagnate the business while they hold out competition through their scale rather than theses qualities. Some business you can legislate for this level playing field, others it best to break-up and let the market sort itself.