this post was submitted on 22 Sep 2024
4 points (83.3% liked)
Technology
59672 readers
2785 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- 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
view the rest of the comments
"Competitors choosing" is usually considered to be price fixing, which is anti-competitive and/or monopolistic. Amazon et al aren't the only US companies guilty of this or other anti-competitive behaviors, even if they're a notable example.
No? It isn’t?
Where do you think prices come from?
How is this anti-competitive?
At least we can all agree that carpos fix prices in the regular course of business once oligopoly is established.
Price fixing is rare because you gain so much by defecting from the cartel.
Well recent bouts of inflation say otherwise but sure you can keep spouting some generic econ 101 slop 🤡
They don’t, in fact.
I trust u bro