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Why would any of these jobs be lost in a more competitive eyewear industry? People keep repeating this talking point, but I don't understand what they mean. No
by Someone1234 8y ago
Why would any of these jobs be lost in a more competitive eyewear industry? People keep repeating this talking point, but I don't understand what they mean.
Nobody is asking for the eyewear industry to stop existing. We're talking about a single monopoly controlling the majority and driving up prices.
How does an artificially high price and artificially low competition generate more jobs?
- wbracken 8y agoI never said there shouldn't be competition. The parent asked where money goes...
- fouc 8y agoI don't believe the previous poster actually included any value judgement in their comment. Basically the administrative overhead of all the layers is what is taking the bulk of that money. I agree that those jobs can be redistributed elsewhere instead.