Would it not result in an arms race between the companies

Perhaps leading to the bombing of eachother’s factories and offices, etc...

warfare is expensive. It produces rather unpredictabe results as you can imagine. So from the standpoint of both firms it makes much more sense to agree on a private court, that will settle disputes between them

It can be

But at the same time it can also be quite effective

yes but the cost of it would outweigh the benefit

Not always though

and even their private rights enforcment agencies would agree on that

As I was saying this seems that everything would just collapse down into smaller governments

Perhaps city/county sized

Perhaps state sized

smaller governments? Not really since competition woudl stop that from happening since government create monopolies, monopolies are impossible in free markets.

So your saying

That

A private militia couldn’t cover say... a city?

But guys you are missing the bigger question

The real question you should ask is ..

Wanna sprite cranberry?

Yes plz

There would be different kind of militias

and yes

different firms would try to top over each other with better protection

You agree that one may cover an entire city

gov has no incentives

At some point though

A militia would be able to cover a city, correct?

if it monopolizes, but as ive stated monopolies are impossible in free markets. Govs create monopolies so that would not happen

a militia from a single firm?

https://mises.org/wire/many-ways-governments-create-monopolies

Like yeah

They wouldn’t be able to take military control of a city?

what do you mean by that

Like

A private army big enough that they could take military control of a city?

Would those not exist

there would be different kinds of militias from different kinds of firms. They could get bigger but it all comes down to the consumers choice. There will be those firms who would go bankrupt, but if there is competition there would not be just a single militia

for exmaple

lets say that there are two countries, and one is anarcho capitalist

Wait up

Your saying

No private army