Linked by Kroc on Thu 30th Aug 2007 13:03 UTC
Editorial I hear often that when something new appears that "competition is good". The primary reasons competition is seen as good, are: it drives down prices; it gives consumers more choice; it pushes technology forward, quicker. Competition is not good because: competition is why consumers have to choose between HD-DVD and BluRay; competition is why DRM exists; and more. In this article, each of the supposed benefits of competition will be looked at in more detail.
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RE[2]: You missed it
by sbergman27 on Thu 30th Aug 2007 14:42 UTC in reply to "RE: You missed it"
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Hmm, I was a child then, and as I recall my parents bought the Japanese cars not because they were more expensive, but because they were less expensive and more reliable than both American and European cars.

Early on that may have been true. Back when "Nissans" were called Datsuns" they may have been less expensive, as well. That changed in the 80's. Quality has its costs. ;-)

The lowered quality of US automobiles existed in the late 60's. But it didn't really get going until the 70's. My 1968 Cadillac Fleetwood Brougham has served me quite well over these last 40 years.

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