this post was submitted on 16 Jun 2024
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[–] Ghostalmedia@lemmy.world 41 points 5 months ago (2 children)

Problem is that, especially with the automakers, is that a lack of competition becomes an excuse to not invest in innovation. For example, General Motors is throwing billions into stock buy-backs, when they probably should be throwing that into EVs.

[–] henfredemars@infosec.pub 7 points 5 months ago

Competition doesn’t really exist anymore. Instead, via regulatory capture, the big players simply change the rules to exclude competition.

[–] kakes@sh.itjust.works 6 points 5 months ago

Yeah, that's the stuff that makes this difficult. I can talk all day about what "makes sense", but you throw one corporate executive into the mix and everything falls apart.