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True in the short term, imagine if a company becomes so dominant that little competition exists and little interest exists to create competition ( search engine
by zaphirplane 4y ago
True in the short term, imagine if a company becomes so dominant that little competition exists and little interest exists to create competition ( search engine ? ) that they can set the price they want.
Then you are stuck paying whatever they demand obviously within reason .
at 100 for a 5 min ride will entice some competition
- Thervicarl 4y ago> imagine if a company becomes so dominant that little competition exists and little interest exists to create competition This is the core of Softbank / Vision Fund investing thesis. The current events seem to show that this is not so easy to achieve even with tens (hundreds ?) of billions to burn in the process. If they run out of steam, a lot of companies will have been over-bloated and then run to the ground in the process, but this will not have caused any new monopoly.
- deleted 4y ago[deleted]