This is true. This is also hardly a novel development. John D. Rockefeller based much of his business and economic worldview on the notion that competition wa

This is true. This is also hardly a novel development. John D. Rockefeller based much of his business and economic worldview on the notion that competition was wasteful, and monopolies efficient. He's hardly the only well-known business figure to do so, you can find similar sentiments from, say, Peter Thiel, particularly in Zero to One. A great exploration of the general trend of established commercial enterprises and interests to oppose new arrivals and competition is Bernhard J. Stern's 1937 article Resistances to the Adoption of Technological Innovations: <https://archive.org/details/technologicaltre1937unitrich/page/39 https://archive.org/details/technologicaltre1937unitrich/pag...> Markdown: <https://rentry.co/szi3g https://rentry.co/szi3g> I'd learned of that work through the work of Stern's student research assistant who'd done much of the literature search before going on to his own further career as a chemist and ultimately author: Isaac Asimov.