Which won’t be any new business, since you know, no startups. So we’ll patronize whatever state-granted too-big-to-fail monopolist is left and then whine for more regulations when their planes fall from the sky.
There are also foreign companies which will fill the market need. Also, there are other types of new businesses besides VC-funded startups. We will shop at boutiques and lifestyle businesses.
Antitrust laws do not impact startups, but entrenched incumbents deemed monopolies. Google, a subsidiary of Alphabet, is generally not considered a startup. Wikipedia has information if you need to learn about it.
> Besides, crushing your local businesses in favor of foreign competition is not a very smart strategy.
They do, through second order effects. Read up on them.
> Customers don’t care.
Of course we care. We get attached to the brands we buy and value the services and products they provide. And most of all we care about reduced competition.
We get attached to newer brands if they provide greater value, especially at equal or lower cost.
Why do we care about "competition" when it's ultimately all about the user experience? The streaming market has a surfeit competition right now and customers loathe having to juggle between half a dozen different services just to get the content they want to watch. In that space, some are even yearning for a return to monopoly, or cable.
Which won’t be any new business, since you know, no startups. So we’ll patronize whatever state-granted too-big-to-fail monopolist is left and then whine for more regulations when their planes fall from the sky.