I mean, what is competition? The entire point of a competition is that someone wins, and someone loses. When the entire structure is a competition, then if enough time passes most participants will have lost, and only one will stand victorious. The concept of free market competition will always end in monopoly, and every anti-trust mechanism is just a way to slow this down, not an actual solution. Capitalism will never create a solution to this either, as monopoly is the logical goal of capitalism. When monopoly exists, the capitalists have the most power. Of course capitalism will benefit the capitalists. It would be weird if it didn't.
You're forgetting the effect demand has on prices. Studios all pulled their content from Netflix and said "fuck you, pay us". People paid, so here we are. Had people said "No, fuck you! Put the content back on Netflix" then we'd still have $15 for everything on one platform. There was enough demand for companies to sell their products. It's not competition when each service has different offerings.
That possibly would've worked if the platforms all had an agreement to share the same content and not monopolize exclusives. If that were the case you'd choose the one with the best price and the best features.0
More competition... =Prices increase.
This is not the outcome I was told would happen.
Wait, what else was I told that never came correct.?
Student loans Housing Pay raises Protect and serve Self driving cars Pot/Gateway Equal opportunity Meritocracy
... I'm beginning to think all of society, in it's entirety, is just one big grift.
No matter what they say capitalists do not actually like, or benefit, from competition.
They actively kill competition for a reason.
I mean, what is competition? The entire point of a competition is that someone wins, and someone loses. When the entire structure is a competition, then if enough time passes most participants will have lost, and only one will stand victorious. The concept of free market competition will always end in monopoly, and every anti-trust mechanism is just a way to slow this down, not an actual solution. Capitalism will never create a solution to this either, as monopoly is the logical goal of capitalism. When monopoly exists, the capitalists have the most power. Of course capitalism will benefit the capitalists. It would be weird if it didn't.
You're forgetting the effect demand has on prices. Studios all pulled their content from Netflix and said "fuck you, pay us". People paid, so here we are. Had people said "No, fuck you! Put the content back on Netflix" then we'd still have $15 for everything on one platform. There was enough demand for companies to sell their products. It's not competition when each service has different offerings.
That possibly would've worked if the platforms all had an agreement to share the same content and not monopolize exclusives. If that were the case you'd choose the one with the best price and the best features.0