Akimbo: A Podcast from Seth Godin cover image

The pursuit of perfection

Akimbo: A Podcast from Seth Godin

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How to Make a Million Dollars in a Free Market

In an efficient free market, as soon as a company starts making a significant profit, competitors will arise. The companies of the 19 twenties, thirties and forties are mostly gone now because their profit was taken by a new company in a free market. Now let's consider google, which is under anti trust investigation because they are amon opoly. Therea a monopoly who, in just two weeks, can shut down many, many companies on the internet by starving them of traffic. ThatBecause there is only one search engine, gogle's whims have a significant impact on the market. And the value that is created is moved from the check book of the consumer and the balance

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