Yes, the many small competitors scenario means no one achieves economies of scale. There is little to no dead-weight inside each company, but consumers must pay

Yes, the many small competitors scenario means no one achieves economies of scale. There is little to no dead-weight inside each company, but consumers must pay more because the overall system is inefficient. Going back to the "mega-corp" scenario, if you are a lazy person, a good strategy would be to join an org in a defensible (ideally monopolized) industry and work just hard enough to not get fired. Find yourself a bullshit job!