this post was submitted on 13 Jul 2024
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[–] irotsoma@lemmy.world 0 points 4 months ago

Not that crazy. Back then they were a luxury item and competition could easily spring up if they lost control of the market. Now they're a necessity, competition is scarce, and they have deals with most major manufacturers to keep them in businesses even with faulty products. It's standard late-capitalism consolidation at work.