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View Diary: The Most Important Economic Theorem You've Never Heard Of (174 comments)

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  •  Don't even have to try... (0+ / 0-)

    I only have one small quibble.

    They will use it to cement, expand, and increase their market advantage in the present to ensure continuing market advantage and increased day by day profit margins... those profit margins will in turn be used to further cement market advantage.

    They don't even really have to intend to cement the advantage.  The advantage will just accrue.  Consider a market advantage being a price/cost advantage and everything else is identical.  Everyone goes to the player with the lowest price and that player gets a monopoly and everyone else goes out of business.  Advantage accrued and all the player with the advantage had to do was supply the customers clamoring for his lower priced good.

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