Monopoly = Dictatorship => we get screwed.
Reliance is not going to be a dictator ever. Would have been possible during the license Raj but not now. There are far too many options too choose rom.
Are you referring to the cell phone service or to electricity(in certain areas) as well?
And monopoly is very difficult to achieve! Even a cartel (with
reference to an alliance statement by Vihan) will stick only across the supply chain and not amongst players in the same market.
Why not?
It's difficult even in a duopolistic situation! Pepsi- Coke.
Is it? From what i see either side took over or destroyed local competing brands the world over. The result - only these two remain with no REAL competition.
To cite another instance; the OPEC cartel formed in the 1980's broke down
pretty soon.
Not really, OPEC was formed in the 1960's is still very much alive only the Arab republics won't try their stunts of the 1970's that easily due to complex ``political alliances" in the middle east. If they choose to cut/increase production that DOES has a direct impact on the world economy.
It's only a matter of time before some smaller/larger player/s change the
rules of the game. Case in point FOSS over proprietory software.
Exactly. But rather then sitting for them to come up front one ought to either start something or vocally oppose those who are potential threats.
Regards,
- vihan