When possible, software eats the world starting at the obvious entry point: maps become interactive, commerce goes online. In the presence of anti-competitive restrictions, confused startups pile up at the entry point: taxi hailing apps before Uber, digital music before Spotify.
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To overcome anti-competitive hurdles like Uber, you need an Uber-sized war chest. Compared to Uber, p2p file sharing corrected the music market with relatively little money. This may be decentralization’s market: a corrector of distorted markets, liberator of the consumer surplus
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