Where this is competition, some enterprises have to fail.

When nothing is left but a few giant monoliths, the fall of one of those monoliths can be devastating, not only to its employees, but also to its surrounding landscape of suppliers and contractors and so forth. The impact tends to be even more profound when the loss is to overseas concerns, and a national industry disappears.

Compounding the problem is the fact that large organizations are not known for being particularly strong as innovators—or even as early adopters of the innovations of others.   If they don’t see better ways of doing things until other large competitors have already adopted them, they can be out of business before they have had time to make the necessary changes.