But that’s exactly the problem. If the company is kind about it, or forced to play nice by effective regulation, there’s no issue. But if there’s no regulation and the company wants to, it tends towards monopolistic tendencies. And there’s nothing that incentivizes a company to play nice forever, in fact they’re incentivized to maximize profit. So Vertical Integration is bad without being checked.
But that’s exactly the problem. If the company is kind about it, or forced to play nice by effective regulation, there’s no issue. But if there’s no regulation and the company wants to, it tends towards monopolistic tendencies. And there’s nothing that incentivizes a company to play nice forever, in fact they’re incentivized to maximize profit. So Vertical Integration is bad without being checked.