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> Trucking represents a considerable portion of the cost of all the goods we buy, so consumers everywhere will experience this change as lower prices and higher
by JustSomeNobody 11y ago
> Trucking represents a considerable portion of the cost of all the goods we buy, so consumers everywhere will experience this change as lower prices and higher standards of living.
No, consumers won't. The savings will be funneled directly to shareholders.
- ryanlol 11y agoNot really, competition will eventually drive down the prices.
- JustSomeNobody 11y agoPeople say things like this, then we end up with the cable (TV/Internet) industry.
- 0xffff2 11y agoCable companies are universally granted local monopolies in the US; by definition they are an example of what happens when you artificially limit competition.
- malz 11y agoFuel is half the price it was two years ago. So we should already be enjoying massive savings, right?
- JustSomeNobody 11y agoNope [1]. [1] http://www.deseretnews.com/article/865646660/Why-food-prices-dont-drop-when-gasoline-prices-decline.html?pg=all http://www.deseretnews.com/article/865646660/Why-food-prices...