3 ms·
> then the entity wont survive for long and will go out of business (or at least that's the hope of a competitive free market economy) Only if the inefficiency
by com2kid 6y ago
> then the entity wont survive for long and will go out of business (or at least that's the hope of a competitive free market economy)
Only if the inefficiency is large enough to overcome other forces.
Or to put it another way, picture if every single individual teams at Google did this to the tune of 100k a year, per team, and assume among 135,000 employees there are 13500 teams.
That's 1.35 billion dollars. Well under 1% of their revenue.
No way is a competitor going to appear that is identical to Google in every way except they have better budget management. Google has too many moats around their business, they can be really inefficient in many many ways and still dominate in multiple markets.