People unknowingly help big corporations destroy smaller competitors by demanding more regulations. In reality, those same corporations often fund the very laws and "anti-corporate" movements that claim to restrain them using lobbying and fake grassroots[1][2] campaigns to shape rules that raise costs for smaller rivals and secure more market share.
This shouldn’t be surprising. Political competitive advantage is even taught in business schools, as Michael E. Porter explains in Competitive Strategy.
The only way to counter it is through competition: support companies that offer substitute services and stop playing into Google’s and Apple’s hands by calling for more regulations.
This shouldn’t be surprising. Political competitive advantage is even taught in business schools, as Michael E. Porter explains in Competitive Strategy.
The only way to counter it is through competition: support companies that offer substitute services and stop playing into Google’s and Apple’s hands by calling for more regulations.
[1] https://www.cnbc.com/2022/03/30/how-google-and-amazon-bankro...
[2] https://www.iccr.org/resolutions/lobbying-expenditures-discl...