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> But they're not competitors. They just happen to provide the same service. Why are they not competitors? I might be way out there, but if two companies prov
by theandrewbailey 8y ago
> But they're not competitors. They just happen to provide the same service.
Why are they not competitors?
I might be way out there, but if two companies provide the same service (even if they vary slightly), they are competitors.
- nightski 8y agoThey are competitors, but it's not a zero sum game. There are plenty of consumers who have both.
- btian 8y agoBecause there are only 2 companies in the industry with huge moat - https://www.jstor.org/stable/4225650?seq=1#page_scan_tab_contents https://www.jstor.org/stable/4225650?seq=1#page_scan_tab_con... It's the same reason why airlines don't compete with each other.
- refurb 8y agoThe price of flights to Hawaii just dropped because SouthWest is starting a new route there. How is that not competition?