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While I agree that network effects play a large role in entrenchment, I wouldn't be so surprised if smaller players start swooping up the dissenters and begin s
by rabuse 5y ago
While I agree that network effects play a large role in entrenchment, I wouldn't be so surprised if smaller players start swooping up the dissenters and begin slowly chipping away at the giants.
- phone8675309 5y agoMonopoly power and political access means you can both strangle your competitors in the grave and then use regulatory capture to regulate them out of competitiveness if they survive your initial choking attempt. Time it right and you can have a set of regulations tailored to your competitors that only minimally impact you and then, when the next party gets its turn at power and all of your competitors are dead, get those regulations removed in the next big wave of corporate deregulation. It really is a sweet game. Too bad we'll never get to play it.