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You're right! I'm also sure others will happily try! With that said, it's possible that a fragmented market with fewer legal business models may not be as cond
by Kalium 8y ago
You're right! I'm also sure others will happily try!
With that said, it's possible that a fragmented market with fewer legal business models may not be as conducive an environment to all possible businesses. It's even possible that as a result, not all gaps will get filled.
- maxxxxx 8y agoPersonally I think it's healthier to have a fragmented market. Maybe it's not as efficient but fragmentation makes it more possible for smaller companies to find a niche. Otherwise big companies like Amazon, Facebook and others monopolize business world wide. Different legal models also provide grounds for experimentation. Who knows what works better in the long run? Wild West or regulation like GDPR? We don't know.
- Kalium 8y agoSometimes a fragmented market just means everyone has the same problem and nobody can solve it profitably at a price that works for most. Then things just suck for everyone. Which is to say that you could be right! Absolutely and completely! Or you could be really wrong. Time will tell. The economic history of protectionism could be read by some to provide some clues, though.