You shouldn’t ensure that three potentially inferior products stay on the market. That makes no sense.
It also reduces the incentives those firms have to invest in quality - at some point there is a hard limit on how much competition they face. That would be a terrible, terrible law.
You shouldn’t ensure that three potentially inferior products stay on the market. That makes no sense.
It also reduces the incentives those firms have to invest in quality - at some point there is a hard limit on how much competition they face. That would be a terrible, terrible law.