4 ms·
> Gee, it's almost as if we aren't even customers. Certainly not customers who are listened to and respected. For any product that is shipped at large enough s
by solatic 9y ago
> Gee, it's almost as if we aren't even customers. Certainly not customers who are listened to and respected.
For any product that is shipped at large enough scale:
* The barriers to entry to replace that product at similar cost and apparent feature set get necessarily higher
* The share of overall demand which is de facto inelastic increases, and therefore decreases in quality have a disproportionately low effect on overall demand
Regulation is a necessary tool to fight this phenomenon.