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I agree with the sentiment. But I also think that big companies are somewhat immune to competition for various reasons. And that isn’t a “free market”. So above
by blackeyeblitzar 2y ago
I agree with the sentiment. But I also think that big companies are somewhat immune to competition for various reasons. And that isn’t a “free market”. So above a certain size, let’s just say $100B in revenue, they need to face consequences like being broken up or higher taxes or whatever. Otherwise anytime someone makes a good product (Slack), a big company can copy it (Microsoft Teams) and bundle it to win the market without the real effort it takes to build a business from scratch.
- WalterBright 2y ago> But I also think that big companies are somewhat immune to competition for various reasons See the list of failed monopolies in another post here I made.