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You can’t have competition forever. At some point someone wins decisively, and then there is only the illusion of competition.
by deadbabe 2mo ago
You can’t have competition forever. At some point someone wins decisively, and then there is only the illusion of competition.
- hilariously 2mo agoWe already have anti-trust and other regulation to manage this problem, we simply need to use it. There's no end of competition, the world changes, companies bloat and make bad choices, smaller competitors can react and change faster - it's only in our corporate hegemony that we don't consider that a viable alternative.
- inigyou 2mo agoEnd of antitrust is the decisive victory.
- deadbabe 2mo agoCompanies also learn from history, and with enough data, can make perfect decisions in real time. The end result, is you end up with “Final Companies”, where a market becomes so dominated an entrant cannot even start up, because it requires operating to even greater perfection just to stay in the game.
- Shocka1 2mo agoIBM and American car companies enter the chat, just to name a few...