this post was submitted on 16 Jan 2024
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DRS Your GME

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Ignore the Dollar Endgame ;) (lemmy.dbzer0.com)
submitted 7 months ago by Zuberi@lemmy.dbzer0.com to c/drs_your_gme@lemmy.whynotdrs.org
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[–] AlternatePersonMan@lemmy.world 15 points 7 months ago (1 children)

I would argue the heart of the problem- or at least a major component, is that so few companies control the market. I can go to a different grocery store if the prices are insane at only the nearest one. However, pretty much all grocery stores carry mostly the same products. Those products are owned by just a handful of companies.

Want a different cell service? There's just 3 companies left. Internet? You probably don't even have a choice.

It's pretty easy to jack up prices if there are no competitors left to swoop up your customers.

[–] KeenFlame@feddit.nu 3 points 7 months ago

They can control their prices and does not have to gouge