this post was submitted on 19 Jun 2024
1 points (100.0% liked)

Technology

59651 readers
2744 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] kromem@lemmy.world 0 points 5 months ago

In theory the service operating costs could be spread across region differences such that in other areas it was at a loss to build and preserve market share and in richer areas it was making up for that.

But yes, in reality it's just exploitative "what we think we can get away with" pricing to "maximize shareholder value" (which is largely BS as the vast holders of shares are very small clusters of the population but people with a handful of shares in their 401k think that statement is talking about them).