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I don't expect this to be very popular here for obvious reasons but to me it seems like it would be a huge win for both the average person and society overall.
by AngryData 5y ago
I don't expect this to be very popular here for obvious reasons but to me it seems like it would be a huge win for both the average person and society overall. Competition drives innovation and market efficiency, while buying up competitors and mergers reduces competition and incentivizes vaporware and patent trolling in pursuit of a quick buyout.
Despite peoples best hopes and wishes, huge multinational corporations and businesses have not passed any meaningful efficiencies or savings to consumers or workers. Any benefits from economies of scale are quickly devoured by investors and high level administration. While good for those few, it comes at the expense of everyone else who have most of their choices taken away.