As I described in my McLuhan lecture on enshittification, tech firms can be constrained by four forces:
I. Competition
II. Regulation
III. Self-help
IV. Labor
https://pluralistic.net/2024/01/30/go-nuts-meine-kerle/#ich-bin-ein-bratapfel
When companies have real competitors - when a sector is composed of dozens or hundreds of roughly evenly matched firms - they have to worry that a maltreated customer might move to a rival.
8/