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They recently changed their agreements with card makers and forced very high pricing. They are charging more because they can, it’s the definition of price goug

They recently changed their agreements with card makers and forced very high pricing. They are charging more because they can, it’s the definition of price gouging.

twblalock 4y ago
Every company charges as much as it thinks it can for a product. If that counts as price gouging, almost 100% of all the companies that exist must be guilty of it!
- Buttons840 4y ago
  That's the logic of the free market, yes. But do two companies which probably swap employees and executives constitute a market? If I went to a classical market, and two people were selling, is that a healthy market?
  - twblalock 4y ago
    If those two people in your example tried as hard to compete with each other as AMD and Nvidia do, then yes, it's a market and it's more healthy than many others. An unhealthy, uncompetitive market would not have such a notable rate of improvement of the products as we see in the GPU market. Plus, if it's competition you are concerned about, the situation is improving! Intel is getting into the discrete GPU market too.
    - tormeh 4y ago
      > such a notable rate of improvement of the products To be fair, frames per dollar have been roughly stagnant for a couple of years. It's just that now you have the additional option of paying more dollars to get more frames. This is an unusual situation, but it is what it is. The AMD 7000 series is (so far) not better value than the AMD 6000 series. Same with Nvidia. That's odd.
    - deleted 4y ago
      [deleted]
- kmonsen 4y ago
  I don't think this is always true. Sometimes companies think that it is in their long term interest to charge less to keep different set of customers than the ones that are right now willing to pay more. This is very true for graphics cards BTW, and why Nvidia tried to lock card out of being used for crypto. They believe, I would think, that it was in their long term interest to cater to PC gamers and not crypto miners.
hot_gril 4y ago
> They are charging more because they can, it’s the definition of price gouging. I'm getting price gouged when I buy SPY stock then, and gouging someone when I sell it.

They recently changed their agreements with card makers and forced very high pricing. They are charging more because they can, it’s the definition of price gouging.

twblalock 4y ago

Every company charges as much as it thinks it can for a product. If that counts as price gouging, almost 100% of all the companies that exist must be guilty of it!

Buttons840 4y ago
That's the logic of the free market, yes. But do two companies which probably swap employees and executives constitute a market? If I went to a classical market, and two people were selling, is that a healthy market?
- twblalock 4y ago
  If those two people in your example tried as hard to compete with each other as AMD and Nvidia do, then yes, it's a market and it's more healthy than many others. An unhealthy, uncompetitive market would not have such a notable rate of improvement of the products as we see in the GPU market. Plus, if it's competition you are concerned about, the situation is improving! Intel is getting into the discrete GPU market too.
  - tormeh 4y ago
    > such a notable rate of improvement of the products To be fair, frames per dollar have been roughly stagnant for a couple of years. It's just that now you have the additional option of paying more dollars to get more frames. This is an unusual situation, but it is what it is. The AMD 7000 series is (so far) not better value than the AMD 6000 series. Same with Nvidia. That's odd.
  - deleted 4y ago
    [deleted]
kmonsen 4y ago
I don't think this is always true. Sometimes companies think that it is in their long term interest to charge less to keep different set of customers than the ones that are right now willing to pay more. This is very true for graphics cards BTW, and why Nvidia tried to lock card out of being used for crypto. They believe, I would think, that it was in their long term interest to cater to PC gamers and not crypto miners.

hot_gril 4y ago

> They are charging more because they can, it’s the definition of price gouging. I'm getting price gouged when I buy SPY stock then, and gouging someone when I sell it.