The idea that competition drives innovation is... just... I mean, we've had neo-liberal ideologists breathing down our necks every waking moment since the 80s, and have you SEEN what passes for innovation lately??
The problem with neo-liberals is, you can point to this a hundred times over and they'll still argue that we simply haven't had enough of their medicine
don't even get me started on the cars they make these days. there was a kind of sweet spot there a couple of years ago and they waved while they sailed right by it