Re:IMF: Largest driver of EU inflation is corporate profits
by everforward on Monday June 26, 2023 @06:03PM
(#36486503)
> Only way to compete should be to make either a better, or a cheaper product.
I think this is a core part of the anti-competitive problem, though. Economies of scale mean that a company with a 50% market share is going to make the cheaper good, all else equal.
We would effectively need to increase competition at the cost of increasing efficiency to make that work (e.g. by banning mergers of larger players).
I think this is a core part of the anti-competitive problem, though. Economies of scale mean that a company with a 50% market share is going to make the cheaper good, all else equal.
We would effectively need to increase competition at the cost of increasing efficiency to make that work (e.g. by banning mergers of larger players).