It is important to realize that bigger is not necessarily better. That is to say, just because a given business gets bigger by doing ever more business does not necessarily mean that they are more efficient, better run, and overall better for consumers. Rather, while bigness and dominance may well bring efficiencies of scale, we do so find presently, that big business has a habit of making it to be its point, that they are most interested, above all, in maintaining or enhancing their power and influence, by putting their thumb upon the scale, and thereby through economic power as well as through their connections in the political world, will thereby maintain their status in addition to enhancing their profit and strength as well. So too, big business seldom welcomes competition, but rather prefers, through their pricing power in conjunction with their market share, to put competitors out of business or, in the absence of that tactic, to buy out the competition to thereby make themselves even more powerful than they were before. In all this, it has to be said that big business has a lot in common with bullying its way to their continued success, by dominating all aspects of their business world, as well as having more than their say when it comes to regulation and rules so that they can thereby increase their profit and their footprint, because they have no true competition and no unfavorable legislation to get in their way.
While it must be said that consumers do appreciate the availably and usefulness of the products and services that they purchase, what isn’t so beneficial to those same consumers is the fact that when competition does not exist or is quiescent, that the price of those goods and services is going to be higher in price than what it would be, if robust competition existed, but also that those businesses that have obtained a lot of power and market share, are probably not going to cede much of that business to other entities in the future, so that the bottom line is that there really isn’t much hope that their inherent business advantages for big dominant businesses are going to somehow, ever turn unfavorable for them. This is why some of the most well-known companies in the world not only exist year after year, but are quite adept at growing their business, as well, because there are no potential upstarts that could ever take a meaningful stake of their business from them.
To believe, somehow, that what is good for big business is always good for America, is not to understand well that the best way to keep those big companies honest and on their toes, is the need for a level playing field, in which innovators aren’t just absorbed by big business, or unduly pressured through unfair pricing or legislation to submit; but rather that innovators and trailblazers have a fair opportunity to have their say and to demonstrate their vision, which should be something that this government encourages, for the good of the people.