Comment by TeMPOraL
13 hours ago
This is true about most businesses, hence the dissonance. Pretty much every time a business creates "a moat", it's bad for consumers in some way.
13 hours ago
This is true about most businesses, hence the dissonance. Pretty much every time a business creates "a moat", it's bad for consumers in some way.
Except if the moat is something like "have managed to attract and retain stellar workers who make fantastic products with excellent durability and support at a reasonable price, resulting in such a happy customer base that any upstart will struggle to gain a foothold". The horror!
If only it was possible to have that moat. Alas, optimizing quality of products and employment away is a competitive advantage.
Only because we let it be. I truly believe that we can wield regulations to make it not so.