How do you prevent competition in the private sector from leading to innovations vendor lock-in and tricky pricing models (Warren’s “tricks and traps”)? 1/
Every competitive system, whether a sports league, a private industry, or a public rivalry requires rules and regulations that strive to insist the dimensions of competition are pro-social rather than counterproductive or Tonya-Harding-esque. 2/
WRT something like NASA, the question becomes something like which is harder, addressing the risk-aversion, sclerosis, and tolerance of waste common to monopolies (public or private) or regulating rivalry so the race it spurs serves (inevitably imperfectly) the public interest? 3/