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Is competition always good?

2023-12-14 04:31:54

As I went to the gym and ran on a treadmill, when I increased the speed of the machine, others wanted to informally compete with me and tend to speed up after meeting.

Well, due to the informal competition between us, their competitors run very fast so their endurance will increase and if there is no competition they will get out of their comfort zone and do special things It may not be possible.

Now, let's assume that due to informal competition, other competitors are sick because they just produced too much production due to competition.

Yes, competition is always better This is an opportunity to prove and improve myself for myself, not in front of others.

Santiment Insight: I think this is a competition at the government level. The United States welcomes encryption (completely different from Russia). Competition is always good. Let's check if the Chinese government is offering encryptable things (up to several weeks). Last week, Estonia was interested in issuing "infringement" that allows people to invest in that country (or its digital services). However, the President of the European Central Bank (ECB) refused the idea that Estonia is likely to issue its own encryption currency. At a news conference, he was asked, the European Central Bank manager Mario Draghi said: "No member countries can start their own currency; the euro area currency is the euro"

It is too early for this article to agree to defend the "second best competition". In this article I will briefly explain whether competition in the market economy is always a good initial problem. As explained in this article, if the answer is "no", another institutional issue is whether we should allow civilian parties to deal with these kinds of failures, or require legislation Whether it is. If the antitrust authorities recognize that market competition can have undesirable results, raises a question as to whether it is possible to deal with the suboptimal competition problem (by relaxing the review of the antitrust law of personal regulation) (Form of regulation and who should be supervised). Under what circumstances an independent institution or court (not the elected official) can not judge which industry judged that it is the next best solution.