Ravi Heugle 3/11/2016
Private. Collaborators only.
I think competition can be allowed to persist so long as it is counterbalanced by institutions whose purpose it is to ensure that it does not give way to wrecklessness. For example, if the EPA was even close to as robust an organization as the FDA, fracking with chemical leakage would unlikely have ever made it to market. I share your concerns but see them less as a problem stemming from competition, and more as a political shortcoming resulting in an inability to appropriately regulate markets.