4 ms·
sure, the scales of various industries can be very different, but that doesn't imply that economies of scale (or other economies, like scope) will necessarily d
by clairity 5y ago
sure, the scales of various industries can be very different, but that doesn't imply that economies of scale (or other economies, like scope) will necessarily dictate winner-take-all dynamics in any of them.
- Retric 5y agoA competitive market sure, but you can’t have 100+ competitive and independent companies running Fab’s worldwide while you can have literally 100,000+ competitive farms, restaurants, etc. That’s a small enough pool that individual failures starts to seriously consolidate the market. It’s already down to a handful of companies that can currently manufacture modern chips and if anything that number is likely to shrink rather than grow.