Quote Originally Posted by Methais View Post
How would more competition not cause prices to drop?
Competition by definition means one party wins, and the economy does not reset to 0 at the beginning of each fiscal year (because nobody can figure out when the heck it is). The inevitable outcome of a free market of many equals is an oligopoly of a few. Car manufacturers, operating systems, unofficial Gemstone forums.

Consider also that the top 5 insurance companies in Singapore comprise 40% of the market share, indistinguishable from the United States' figure.

I hope this gives you pause the next time you consider believing what someone tells you just because it's what you want to hear.