Re:How H-E-B planned for the pandemic
by fzeroracer on Thursday March 26, 2020 @07:19PM
(#22698998)
This seems like a bit of an odd concession, considering the businesses that are being impacted the most by the coronavirus are smaller, local businesses which run on thin margins. These local businesses are also often the most competitive because of having to compete with both other local businesses and larger ones.
The competence of private companies only really applies to a very narrow subset of corporations.
need to throw the federal bureaucracy into the 'don't have to compete to survive bucket'
When you have to compete, you have to develop competence to survive. Only those that don't have to compete (monopolies) or those that survive despite incompetence (bailouts) are the exceptions.