Competition can even bring about large-scale social change that some consider undesirable. For instance, the emergence of large, efficient factory farms has resulted in the virtual disappearance of family farming in the U.S. And it isnt clear that the factory farms always improve farming practices, in the case of the tomato, the old homegrown kind are far superior in taste and texture to the tough, underripe version that has been genetically engineered for machine picking in huge quantity.
In conclusion, competition frequently motivates changes that are beneficial in many ways. But competition is a double-edged sword that can also result in inferior or unsafe products and dangerous working conditions for employees. Moreover, large competitors can swallow up smaller concerns without yielding noticeably better products or practices.
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