4 ms·
Even if a monopoly were achieved on merit (I don't necessarily agree that it was in this case), the incentive to maintain that merit disappears once the power i
by guerrilla 5y ago
Even if a monopoly were achieved on merit (I don't necessarily agree that it was in this case), the incentive to maintain that merit disappears once the power is obtained. Even if that weren't true (i.e. if power didn't corrupt) they could simply degrade naturally while the bar for entry would remain too high due to economies of scale and other reasons. And don't forget the incentives against downsizing: layoffs hurt labor, reduced consumption hurts suppliers while withdrawal of products and services hurts customers and the brand simultaneously. People have made better arguments than I have but my point is even a moments thought should make you reconsider your position.