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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Horrible editorial
by averycfay on Thu 30th Aug 2007 19:46 UTC
Member since:

I'm sorry to be so blunt, but this is the dumbest editorial I've ever seen on osnews and I've been reading this site for years. I don't really feel the need to go through every point, but I don't think you really have to look past cars to understand how competition is good.

In the '70s and '80s American cars were horrible. Enter Japanese companies and currently cars are safer and more reliable (not to mention roughly the same cost after adjusting for inflation) than they've ever been.

Simply put, this article is ridiculously stupid. The author might want to take a few basic economics courses before spouting off on something that he clearly has no clue about.

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