All of this seems reasonable, and I see the value in keeping things competitive.
I do have one concern though.
Established markets are more entrenched, and hearing that smaller companies may have "slow and steady growth" here seems excellent.
Yet emerging markets move incredibly fast, and the goal is to discover those trenches and occupy them. Being held back in such a market can be troublesome.
> Yet emerging markets move incredibly fast, and the goal is to discover those trenches and occupy them.
Well, only if you make it a goal to occupy all the trenches. The EU has realized that it does not want all possible trenches occupied. For example: There is a lot of market share to be had in waste disposal by dumping it in the rivers and oceans. Regulation generally prohibits this, because we don't want our rivers and oceans full of waste.
Capitalist market self-regulation wouldn't have done this without external pressure (regulation, litigation, etc.) because the capitalist market would externalize all costs if it would increase profits.
Bad example. Dumping waste cheaply illegally is a trench that is continuously filled with really bad stuff. Regulations needs more Oumph, it is just too cheap to do in an dishonest way.
I do have one concern though.
Established markets are more entrenched, and hearing that smaller companies may have "slow and steady growth" here seems excellent.
Yet emerging markets move incredibly fast, and the goal is to discover those trenches and occupy them. Being held back in such a market can be troublesome.
So this is what I'd worry about.