honestbharani
Sidekick
- Joined
- Oct 13, 2017
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Competition is good for a free market. It's the lubricant of industry. What Disney has the power to do now is eliminate competition to a larger degree than the film industry has ever experienced before. That means they have the impunity to do virtually anything they want. This has some good implications certainly, but it has a lot more very bad implications. It might be cynical to assume Disney will abuse that power, but economic theory is literally based around the line of thinking that they will. That's why monopolies are seen as bad things.
Is that the 1% as absolute certainty speech I am reading there?
