• kingthrillgore
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    1 year ago

    monopolies that resulted in lower prices

    IT DOESN’T WORK LIKE THAT DAYO~

    When you own the market, you either:

    • Dictate the price as the sole provider
    • Are forced to set the price because of your natural monopoly status (as a utility for example; until you stuff the utilities commission or regulatory capture your way into even controlling that)
    • Have to break up to create competition, release patents, or otherwise be forced to allow competition which leads to a lower cost alternative

    I hate the gipper. Fucking cunt, and he can’t fucking act either.

    • WhatAmLemmy@lemmy.world
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      1 year ago

      He knew. All capitalists know. They don’t care, because the goal of capitalism is to profit — therefore profit is the one and only true guiding virtue.