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The same applies to airplanes with two large companies being dominate: Boeing and Airbus. Further examples: Search engines, operating systems (particularly mob
by Towaway69 2y ago
The same applies to airplanes with two large companies being dominate: Boeing and Airbus.
Further examples: Search engines, operating systems (particularly mobile) … in many areas we face a monopoly or duopoly.
The more complicated the product, the higher the risk that a monoculture is created.
- perilunar 2y agoI think Lockheed Martin is bigger than Airbus. But note, that all the big aerospace companies are the products of mergers: Lockheed Martin is Lockheed + (Martin + Marietta ) Boeing is Boeing + Chance Vought + Sikorsky + Stearman + Pratt & Whitney + Vertol + Hughes + (McDonnell + Douglas) Airbus is Aérospatiale (Sud + Nord) + CASA + DASA (Daimler-Benz + Dornier + Messerschmitt-Bölkow-Blohm) + Matra The point being that these mergers require government approval, and in Airbus' case are mergers of nationalised companies. These companies only dominate because we let them.