3 ms·
I don't have any of my old economics notes nor the market reports I have read on hand but generally it's natural monopolies that have competition introduced, th
by Affric 3y ago
I don't have any of my old economics notes nor the market reports I have read on hand but generally it's natural monopolies that have competition introduced, these are not particularly good analogue for software but they do have similarities with social media and mapping applications. Competition is generally good for consumers who are engaged but it's a means to an end. It is not good for its own sake.
Markets where competition works really well are elastic and have consumers with the appropriate amount of engagements from the consumers.