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Competition isn’t sufficient: there already are fat, lazy companies with expensive, crappy products today. Multiple players in an arena don’t necessarily lead to a better product emerging either. It can, for instance, create an oversaturated market that leads to unsustainable prices or costs and no one wins.


It's the best mechanism on average. It doesn't work where e.g. it's too difficult to create a competitor.


So you're now going to create some group that regulates how much competition can exist?




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