• Primarily0617
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    211 months ago

    My point being that while a duopoly may seem like a worst case scenario, it very much isn’t.

    • Deceptichum
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      111 months ago

      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.

      • Primarily0617
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        11 months ago

        The “highest cost possible” is higher in a monopoly than a duopoly.

            • Deceptichum
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              111 months ago

              The highest cost is hard set by what the consumer is able to spend.

              They cannot go higher.

              • Primarily0617
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                111 months ago

                if that’s how you want to define “highest cost”, then goods absolutely aren’t priced at highest cost in a duopoly

                they aren’t even priced at highest cost in a monopoly, because “all the money a person has” is just cartoon logic

                • Deceptichum
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                  111 months ago

                  Markets have a carrying capacity.

                  You cannot exceed this, it’s not a cartoonish “all the money you have”

                  • Primarily0617
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                    111 months ago

                    So “highest cost” isn’t set by “what the consumer is able to spend”? So what’s it set by?

      • Hello_there
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        11 months ago

        So private telecoms frantically lowering their prices when a public-funded internet company launches is just a coincidence?