Mechanism
Predator Dilution
TL;DR
Market entry with competitors can provide predator dilution - regulatory attention, PR scrutiny spread across multiple players rather than concentrated on first-mover.
2 million wildebeest overwhelm 3,000 lions + 7,500 hyenas. Predators can't kill fast enough to deplete herd. Individual risk <1% annually vs 10-20% if isolated. Synchronized calving (500,000 calves in 3 weeks) saturates predators - they can't kill all calves, most survive. Safety in numbers makes migration viable despite brutal individual costs.
Business Application of Predator Dilution
Market entry with competitors can provide predator dilution - regulatory attention, PR scrutiny spread across multiple players rather than concentrated on first-mover.