If you allow one company to achieve market dominance, it suffocates the ecosystem and stifles evolutionary growth pressures. It's concentrated malinvestment into a local maxima that salts the playing field so thoroughly that escape velocity is unattainable by anyone else.
There are models of this. And historical anecdotes and evidence.
If you allow one company to achieve market dominance, it suffocates the ecosystem and stifles evolutionary growth pressures. It's concentrated malinvestment into a local maxima that salts the playing field so thoroughly that escape velocity is unattainable by anyone else.
There are models of this. And historical anecdotes and evidence.