4 ms·
There would be a lot of negative externalities to removing all competition... Innovation would slow, prices would rise, quality of service would fall. This wou
by sothatsit 11mo ago
There would be a lot of negative externalities to removing all competition... Innovation would slow, prices would rise, quality of service would fall.
This would absolutely not be worth the few extra points of efficiency you might get. Maybe you would get a short-term benefit, but long-term the expected outcome would be much worse.