3 ms·
Which is a mindset that is only possible if you have no competition and if you have captured regulations to the point that new competition is highly unlikely to
by akira2501 2y ago
Which is a mindset that is only possible if you have no competition and if you have captured regulations to the point that new competition is highly unlikely to form.
It's not unknown for companies to put "Goodwill" as a line item on their quarterly reports.
- ryandrake 2y agoCompetition makes it worse. It causes this race to the bottom, and forces companies to sacrifice everything they can at the altar of Shareholder Returns. Shareholders will sell companies who don't race to the bottom and buy companies who do.