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??
@anarchiv just today i thought this. namely, apparently when the EU mandated that car tyres should be designed so that they produce 30% less road dust than before, tyre companies could right away push those tyres to the market. so it was not hard to make apparently, they just hadn't bothered.
what this shows us is that innovation is mostly driven by regulation, not competition. yes, regulation does not stifle innovation, quite the opposite.