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> foreign companies Incumbents by definition. Besides, crushing your local businesses in favor of foreign competition is not a very smart strategy. > boutique
by nickpp 2y ago
> foreign companies
Incumbents by definition. Besides, crushing your local businesses in favor of foreign competition is not a very smart strategy.
> boutiques and lifestyle businesses
Which are also obeying startups laws and thus are simply not started under an onerous regulatory regime.
- Apocryphon 2y agoAntitrust laws do not impact startups, but entrenched incumbents deemed monopolies. Google, a subsidiary of Alphabet, is generally not considered a startup. Wikipedia has information if you need to learn about it. > Besides, crushing your local businesses in favor of foreign competition is not a very smart strategy. Customers don’t care.
- nickpp 2y ago> Antitrust laws do not impact startups They do, through second order effects. Read up on them. > Customers don’t care. Of course we care. We get attached to the brands we buy and value the services and products they provide. And most of all we care about reduced competition.
- Apocryphon 2y agoWe get attached to newer brands if they provide greater value, especially at equal or lower cost. Why do we care about "competition" when it's ultimately all about the user experience? The streaming market has a surfeit competition right now and customers loathe having to juggle between half a dozen different services just to get the content they want to watch. In that space, some are even yearning for a return to monopoly, or cable.