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Industries do not stay competitive markets; over time most settle into a monopoly or, more often, an oligopoly.

Drawn from what Marc Andreessen said

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What Marc Andreessen actually said

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  1. Marc Andreessen

    Co-founder of Netscape and of the venture firm Andreessen Horowitz

    a lot of industries over time end up not like that. They end up not being actually a fair and free market with market discipline. They end up as something else. In the business world, what they end up with is either just, you know, one company with a full up monopoly or more commonly they end up with what's called an oligopoly

Added to korrents 25 Jan 2022 · How quotes work · Something wrong? Tell us

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