• Deceptichum@kbin.social
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    11 months ago

    My point is that is isn’t any better or worse when there isn’t competition.

    You’re still a captive market being charged the highest costs possible.

            • Primarily0617@kbin.social
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              11 months ago

              if that’s how you want to define “highest cost”, then goods absolutely aren’t priced at highest cost in a duopoly

              they aren’t even priced at highest cost in a monopoly, because “all the money a person has” is just cartoon logic

              • Deceptichum@kbin.social
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                11 months ago

                Markets have a carrying capacity.

                You cannot exceed this, it’s not a cartoonish “all the money you have”

                  • Deceptichum@kbin.social
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                    11 months ago

                    Are you like an idiot or something? I’m genuinely asking because I don’t know how many times I can keep saying the same basic thing to you.

                    It’s set by the maximum market rate, that being the highest price before it’s too expensive and loss of sales cuts into revenue.

    • Hello_there@kbin.social
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      11 months ago

      So private telecoms frantically lowering their prices when a public-funded internet company launches is just a coincidence?