5 ms·

I don't think this is correct, because competition hasn't created a better outcome.

• kerkeslager 6y ago
  Competition doesn't produce good outcomes, it produces winners who then have a monopoly and can create barriers to entry so that competition no longer exists.
  • ricardbejarano 6y ago
    Ever heard of market regulation? Also, don't forget the "winners" are appointed by the consumers, if everyone likes your product what can you do about it? Are consumers supposed to skip the best option just because the company behind it is getting too big?
    • kerkeslager 6y ago
      > Ever heard of market regulation? Yes, that's what I'm suggesting. > Also, don't forget the "winners" are appointed by the consumers, if everyone likes your product what can you do about it? Ever heard of market regulation? Shifting blame onto consumers doesn't fix the problem. Instead of establishing who is to blame, we could fix the problem. > Are consumers supposed to skip the best option just because the company behind it is getting too big? This is exactly why blaming consumers doesn't fix the problem.
  • amiga_500 6y ago
    Ah yes, my mistake!
• Spooky23 6y ago
  For who? The big credit card banks make a lot of money.