That’s a fair point actually. Competition can only exist if there’s an influx of new companies that’s roughly the number of them going out of business.
Even then though there’s an issue, because the companies which have been around the longest will have all the necessary equipment, which may be really expensive.
I’m not sure how we address this, but it’s clear the government needs to step in.
This is how capitalism has always worked.
When companies compete, eventually some of them lose. This means they go out of business.
The remaining companies become more powerful.
That’s a fair point actually. Competition can only exist if there’s an influx of new companies that’s roughly the number of them going out of business.
Even then though there’s an issue, because the companies which have been around the longest will have all the necessary equipment, which may be really expensive.
I’m not sure how we address this, but it’s clear the government needs to step in.