praxeologist on Nostr: Antitrust advocates argue that monopolistic practices by big companies lead to unfair ...
Antitrust advocates argue that monopolistic practices by big companies lead to unfair competition, discouraging investment in other businesses. But here's the reality: dominant companies usually rise to the top because they outperform their competitors.
While antitrust measures might give smaller players a temporary boost, the market naturally gravitates toward those offering the best value. This is especially true in tech, an evolving industry where the market structure often supports one or two leaders. Things may change in the future, but for now, that’s how it works.
History backs this up. Time and again, we’ve seen new entrepreneurs with zero market share dethrone dominant players through innovation. But in the past 40 years, there hasn’t been a single U.S. antitrust case where government intervention caused smaller players to overtake the leader. Welcome to capitalism, where small players stay small unless they deliver something truly exceptional!
While antitrust measures might give smaller players a temporary boost, the market naturally gravitates toward those offering the best value. This is especially true in tech, an evolving industry where the market structure often supports one or two leaders. Things may change in the future, but for now, that’s how it works.
History backs this up. Time and again, we’ve seen new entrepreneurs with zero market share dethrone dominant players through innovation. But in the past 40 years, there hasn’t been a single U.S. antitrust case where government intervention caused smaller players to overtake the leader. Welcome to capitalism, where small players stay small unless they deliver something truly exceptional!