3 ms·
I don't think it's true there can only be one winner. Lots of industries have multiple successful large companies.
by tim333 7mo ago
I don't think it's true there can only be one winner. Lots of industries have multiple successful large companies.
- torginus 7mo agoWell, monopolies or cartels are better at extracting wealth from the market, while fierce competition destroys margins thus profits. That means a monopolistic company is great investment vehicle, while one that sells goods at cost is a crappy one.