SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jorj X Mckie who wrote (229268)11/18/2009 1:03:48 AM
From: neolibRead Replies (1) of 306849
 
Competition constantly erodes at dominant companies when the free market is allowed to exist.

By what mechanism does a company get dominant then? Why doesn't competition constantly eroding them prevent the dominance from developing in the first place?

I think a much more likely dynamic is that success results in dominance, and dominance results in corruption, which then insulates against erosive competition.

You might want to think of the Robber Barons prior to anti-trust regulation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext