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: comptition isn't good?
by Kroc on Thu 30th Aug 2007 15:04 UTC in reply to "comptition isn't good?"
Kroc
Member since:
2005-11-10

See the "flavours" illustration in the article.
Having multiple flavours of something is good. People like different flavours. Different clothing, different tobacco, different cars. What is bad, is two of the same flavour competing. They only serve to out-greed each other and in no way benefit the consumer. HD-DVD/BluRay for example.

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