Reply to thread

Message

<blockquote data-quote="roguerouge" data-source="post: 4427155" data-attributes="member: 13855">First of all, as another poster noted, many corporations would love to be oligopolies or monopolies, but we've banned the practice because it's bad for the consumers, but also because it ends up being bad for our economy and our nation. But more directly to your point, monopolies are bad for the monopoly long-term. They stagnate, they don't innovate, they don't specialize, they don't respond to market demand and they end up getting clobbered by a new competitors internationally or domestically. An example? The origins of Hollywood is one that I know of. The Motion Picture Patents Company loved controlling the American film market right up until the companies that became the Hollywood studio system rebelled and started making a better product. They weren't prepared for that kind of competition, nor were they prepared when the federal government forced them to compete honestly when the feds sued on anti-trust grounds and won in 1915. The MPPC was out of business by 1918, having had a dominant position for 10 years in the US. Long term, WotC is much better off with vibrant competition pushing them to excel.</blockquote>

[QUOTE="roguerouge, post: 4427155, member: 13855"] First of all, as another poster noted, many corporations would love to be oligopolies or monopolies, but we've banned the practice because it's bad for the consumers, but also because it ends up being bad for our economy and our nation. But more directly to your point, monopolies are bad for the monopoly long-term. They stagnate, they don't innovate, they don't specialize, they don't respond to market demand and they end up getting clobbered by a new competitors internationally or domestically. An example? The origins of Hollywood is one that I know of. The Motion Picture Patents Company loved controlling the American film market right up until the companies that became the Hollywood studio system rebelled and started making a better product. They weren't prepared for that kind of competition, nor were they prepared when the federal government forced them to compete honestly when the feds sued on anti-trust grounds and won in 1915. The MPPC was out of business by 1918, having had a dominant position for 10 years in the US. Long term, WotC is much better off with vibrant competition pushing them to excel. [/QUOTE]

Verification