This is something that I have pondered over for quite a while now and I still can't make my mind up.
I am quite sure that we don't need some corporations. For instance, we don't need Ladbrokes do we? We, the British people, do not need our betting shops to be controlled by a small number of big concerns. They are bad for staff and bad for customers.
But presumably we do need corporations such as Microsoft, as they have the resources to develop key products.
My issue is that there is no 'decision' as to whether a sector should be dominated by a few companies. It just happens. Surely some sectors would be better to be in many hands rather than a few?
I am quite sure that we don't need some corporations. For instance, we don't need Ladbrokes do we? We, the British people, do not need our betting shops to be controlled by a small number of big concerns. They are bad for staff and bad for customers.
But presumably we do need corporations such as Microsoft, as they have the resources to develop key products.
My issue is that there is no 'decision' as to whether a sector should be dominated by a few companies. It just happens. Surely some sectors would be better to be in many hands rather than a few?