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When producing tyres to the specification of F1 in it's current guise you could not have competition.
Pirelli have not forgotten how to make tyres, they were asked to make tyres with this spec.
How can you compete unless it's 'Make the best tyres you can'?
That said, if they were allowed to make any tyres they wanted and they still threw their toys out of the pram if they had to compete then it's a different story...