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acdhatoday at 1:46 PM1 replyview on HN

Market competition with a high barrier to entry doesn’t tend to result in a wide range of options for consumers. Everyone spending huge sums on infrastructure will have very similar pressure to find advertising revenue since ordinary people aren’t tripping over themselves to take on substantial new subscriptions.


Replies

nerdponxtoday at 2:39 PM

It also naturally tends toward oligopoly with incumbents colluding not only to set prices but also to suppress competition that might defect from the collusion.