Is Competition Always Good?
Policymakers must now acknowledge that healthy markets require competition among different business models, as well as along traditional dimensions such as price, quality, and innovation. Achieving this will require either more active enforcement or regulatory intervention.
https://prosyn.org/Fw8xtVn
CAMBRIDGE – Ask any economist whether competition is always a good thing, and the answer will be a resounding yes. After all, competition powers what the late William Baumol termed the “innovation machine” of the modern market economy.