@return2ozma to Ask Lemmy • 11 months agoWhat's something you bought under $25 on Amazon that is a life changer and why?message-square50arrow-up129arrow-down127
arrow-up12arrow-down1message-squareWhat's something you bought under $25 on Amazon that is a life changer and why?@return2ozma to Ask Lemmy • 11 months agomessage-square50
minus-squareDeceptichumlinkfedilink2•11 months agoThere was no competition before, which is why it would be “the same as it was before”.
minus-squarePrimarily0617linkfedilink0•edit-211 months ago beats out the brick and mortar store**s** ???
minus-squareDeceptichumlinkfedilink1•11 months agoPretty much everything was a duopoly and as the market was so small they just grew to mutually exist without need to compete. Shit most of them are all owned by the same parent companies now.
minus-squarePrimarily0617linkfedilink2•11 months agoMy point being that while a duopoly may seem like a worst case scenario, it very much isn’t.
minus-squareDeceptichumlinkfedilink1•11 months agoMy point is that is isn’t any better or worse when there isn’t competition. You’re still a captive market being charged the highest costs possible.
minus-squarePrimarily0617linkfedilink2•edit-211 months agoThe “highest cost possible” is higher in a monopoly than a duopoly.
minus-squareDeceptichumlinkfedilink1•11 months agoThe highest cost is hard set by what the consumer is able to spend. They cannot go higher.
minus-squareHello_therelinkfedilink1•edit-211 months agoSo private telecoms frantically lowering their prices when a public-funded internet company launches is just a coincidence?
There was no competition before, which is why it would be “the same as it was before”.
???
Pretty much everything was a duopoly and as the market was so small they just grew to mutually exist without need to compete.
Shit most of them are all owned by the same parent companies now.
My point being that while a duopoly may seem like a worst case scenario, it very much isn’t.
My point is that is isn’t any better or worse when there isn’t competition.
You’re still a captive market being charged the highest costs possible.
The “highest cost possible” is higher in a monopoly than a duopoly.
No, it’s at the consumers wallet.
I don’t know what this means
The highest cost is hard set by what the consumer is able to spend.
They cannot go higher.
So private telecoms frantically lowering their prices when a public-funded internet company launches is just a coincidence?