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If I were to pick one option out of 50 competitive products completely at random, I'd generally expect that to be better than the counterfactual monopolist alte
by learnstats2 6y ago
If I were to pick one option out of 50 competitive products completely at random, I'd generally expect that to be better than the counterfactual monopolist alternative.
- cle 6y agoYou should read what I wrote more carefully, nowhere did I claim that monopolies make better products.
- learnstats2 6y agoYou said that it would be easier for a vendor if it could expect to monopolise its customers. Whilst that is doubtless true, that does not make anything better for customers.
- cle 6y agoI said nothing about monopolization, I would appreciate if you would not mischaracterize what I said. If a company’s customers solely use their product, and not a mix of products, it’s much easier for the company to support and build new features for their customers. This is just a fact of reality, and one benefit of customers limiting the number of products they use. Pointing out beneficial properties of consolidation and specialization doesn’t mean I support monopolies—I absolutely don’t.