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This would lead to only a single company.

Like I said well upthread, this is a cynical and wrong viewpoint. The real world doesn't operate as an efficient market, doesn't operate over infinite timescales, doesn't have ways to exactly calculate the proftabilitiy of a decision or action.

It is overly cynical, and mostly wrong, to take microeconomics 101 theory and try to apply it to a world that doesn't fit any of the microecon 101 assumptions.

On the other hand, you can make a profit-driven motive argument for practically any action a company takes if you try hard enough, even literally giving money away.



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