4 ms·
Another factor is the consumers. They settle on a brand and refuse to try alternatives. Often for good reasons, but it still reduces competition.
by Aerroon 3y ago
Another factor is the consumers. They settle on a brand and refuse to try alternatives. Often for good reasons, but it still reduces competition.
- rtb 3y agoSwitching "brands" is a false choice when there are 100s of "brands" all owned by the same 4 conglomerates and all coordinating prices. https://www.theguardian.com/environment/ng-interactive/2021/jul/14/food-monopoly-meals-profits-data-investigation https://www.theguardian.com/environment/ng-interactive/2021/... https://www.visualcapitalist.com/illusion-of-choice-consumer-brands/ https://www.visualcapitalist.com/illusion-of-choice-consumer...