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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effects of competition can be slooow...
by estrabd on Thu 30th Aug 2007 13:50 UTC
estrabd
Member since:
2006-01-18

but in general there is always a net positive - even if it is not the result that was originally envisioned. Self organizing systems have a funny way of doing that.

I don't know if the author of this rant is just impatient or a student of Marx, but this is probably the most ridiculous article I have ever read here.

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