this post was submitted on 16 Jun 2024
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A direct (not inverse) correlation between them happens all the time in tech. Smaller companies get sick of the market leader or monopoly for some reason, produce a better product, and people switch over.
For example, Internet Explorer had a web browser monopoly. Around 98% of web users used it. It lost that monopoly not because it was shut down, but because other, better browsers were released and people organically switched over. Increasing the competition reduced its monopoly.
The same could be said about Teamspeak users moving to Discord. Teamspeak had a monopoly on real-time gamer chat, but people moved to Discord because it was better.
So you're saying it stopped being a monopoly when competition was created, and you somehow construe that as "monopoly equals competition" ??
Yes
No
My original comment was saying that getting rid of a monopoly doesn't necessarily increase competition. That's still what I'm saying. Decreasing the number of competitors never increases competition.