> Industries where direct competition is allowable do not suffer from these problems.
No, they suffer much worse. Haven't you noticed how all goods and services go to shit over the years? This is not an accident, this is competition optimizing out any quality it can get away with removing.
> Haven't you noticed how all goods and services go to shit over the years?
No. I can't think of anything I buy that I would want to go back in time with. The quality in my experience has only improved, often dramatically. Those who try to skimp on quality get destroyed by the competition. What are you referring to?
The only thing I can think of that you might be referring to – based on what I hear other say, not based on my own buying habits – is things like appliances where manufacturers have really dug deep into computerization so that they can enjoy the same legal moats other tech companies do. But what you are experiencing there is the lack of competition we spoke of earlier.
No, they suffer much worse. Haven't you noticed how all goods and services go to shit over the years? This is not an accident, this is competition optimizing out any quality it can get away with removing.