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Well it can’t be just profit seeking, companies have been doing that forever. Something has enabled them to raise prices without impacting sales.
by kortilla 3y ago
Well it can’t be just profit seeking, companies have been doing that forever. Something has enabled them to raise prices without impacting sales.
- truckerbill 3y agoIt's tragedy of the commons. A series of events that have happened which has misaligned the market into an unspoken cartel. An opportunity (or temporary need) arose to raise prices and now they don't want to lower them. They are looking over their shoulder and their friendly rivals aren't doing so either.
- ClumsyPilot 3y ago> misaligned the market into an unspoken cartel. We are assuming its unspoken. What if its spoken? how would you know