...I can't help wonder if their greatest threat isn't some new upstart, and why they wouldn't be in favor of a large barrier to entry, even if it costs a nontrivial portion of their revenues.
I have to imagine they are choosing a sizable chunk of a much larger pie instead of the vast majority of a tiny and shrinking pie.
I have to imagine they are choosing a sizable chunk of a much larger pie instead of the vast majority of a tiny and shrinking pie.