competition (was: Level 3 blames Internet slowdowns on Technica)

Fri Mar 21 20:12:07 UTC 2014

On Fri, Mar 21, 2014 at 3:21 PM, Keegan Holley <no.spam at comcast.net> wrote:
> Again why is the market so important?  It just fascinates me
> that no one questions it.

Howdy,

The impact of competition was extensively questioned and researched
with respect to U.S. Government contracting rules in the early '80s.
This led to the Competition in Contracting Act of 1984. Since then
there's been the routine grumble about the lowest quality bidder and
the periodic scandal involving a no-bid contract but no serious
question about whether competition reduces cost and improves options.
Unless the data starts to suggest otherwise, it's basically a settled
matter.

No one questions that the sky is blue either and few bother to learn why.

Regards.
Bill Herrin

-- 
William D. Herrin ................ herrin at dirtside.com  bill at herrin.us
3005 Crane Dr. ...................... Web: <http://bill.herrin.us/>
Falls Church, VA 22042-3004