Competition is good. But not if the competition is crap. Spotify, Amazon, and Google are good competition. I’m all for good competition if they put out a good product.Hey TIDAL haters, you’ll be better off if TIDAL survives. The fewer streaming services there are, the more monopoly power the remaining ones will wield, which could mean higher subscription prices, worse customer service, or lower royalties for the artists and record labels.
Before 9/11/2001, there were around 10 or so major airlines, plus some minor ones. Since then, many airlines have either been acquired by other airlines or went bankrupt. Now there are around 4 major airlines, plus some minor ones. The lack of competition is why service has gotten so awful and why they can nickel-dime us for everything.
We don’t want that to happen in the music steaming industry. Competition is good for consumers, even if there are some brands you don’t like.
And besides, isn’t the point of competition to have competing services battling to win over customers? If customers don’t like Tidal, the process is just working itself out.