Most of the great inventions, innovations happen in small organizations, small teams because they are mostly driven by an idea, not restricted by some numbers in an excel sheet. Once businesses grow, they suck up to legislatures, politicos to ensure they have a said or unsaid monopoly. This cripples innovation, invention because big businesses are more interested in securing the investments of the investors and not necessarily in excelling at their products & services. How do you ensure a blind strategy or formula to cripple monopolies without discouraging the businesses itself.
Solution: Associate corporate tax with the market share of the company. Higher the market share, higher is the corporate tax which boosts other competing businesses. Today in 2026, there is a limit of how much of a market share a stock broker can have in India, one can do this too but this not necessarily triggers innovation or invention or competition. This proportional corporate tax in relation to the market share should only trigger if the market share is more than 1/5 the of the total market share.
