No. It wouldn't happen. As soon as a fork occurred the fx rate of new coins mined on the "weaker" chain would collapse to a few cents as all the major businesses, websites, miners, exchanges would automatically side with the "stronger" chain. If anyone thinks that they can double-spend bitcoins on different websites, after a few hours, (some accepting one fork, some the other) then they are living in dreamland.
So you think there is room for one and only one crypto-currency in the world? I disagree.