As a slight counter-point, an oligopoly similarly has little reason to innovate.... | Hacker News

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		mieseratte on April 3, 2018 \| parent \| context \| favorite \| on: Swedes turn against cashlessness As a slight counter-point, an oligopoly similarly has little reason to innovate. Think about how slow adoption of "secure" methods of transaction are in the US and them having made fraud our problem and not their problem.

jiggunjer on April 3, 2018 [–]

Also look at how little they innovated relative to the profits they were making. Hard to do worse.

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