3 ms·
The premise of this article is flawed at best. Once it's established that one firm in an industry has a clear advantage, it doesn't make sense to say "Competiti
by orijing 16y ago
The premise of this article is flawed at best. Once it's established that one firm in an industry has a clear advantage, it doesn't make sense to say "Competition doesn't matter. Look at X" because that's selection bias. Of course at that point that firm X has succeeded, but not because there was no competition, but because, for some reason, X beat its competition either on the product, marketing/positioning, or otherwise.