4 ms·

I'm tired of hearing this "we have no margins". You still hold a monopoly-like position in many areas simply because... people have to eat. I can buy a car on

I'm tired of hearing this "we have no margins". You still hold a monopoly-like position in many areas simply because... people have to eat. I can buy a car once every few years. I can rent or buy a house. I can't rent food. I have to buy. In most places it's going to be from one of the major grocery chains. They have economies of scale. They have a captive audience (or whatever it's called when people can't live without what you're selling).

bombcar 4y ago
They have no margins because they blow hundreds of thousands to millions of dollars on these self-checkouts!
gruez 4y ago
> You still hold a monopoly-like position in many areas simply because... people have to eat. That's not what "monopoly" means. Whether you "have to eat" is irrelevant. Most states have monopolies on gambling, but even though nobody has to buy lottery tickets, it's still a monopoly. > I can rent or buy a house. But you still need to get shelter somehow, right? ;)