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Price rises are always, everywhere, a lack of effective competition. Price competition only works when there is excess capacity to supply and a very definite a

Price rises are always, everywhere, a lack of effective competition. Price competition only works when there is excess capacity to supply and a very definite and immediate downside to not using that capacity (ie you'll go bust).

thfuran 3y ago
>are always, everywhere, Claims like that are rarely true.
- truculent 3y ago
  It’s the sort of statement that stands up, but you must contort things like “shortage of components” into “a lack of competition”. So, true, but limited usefulness, perhaps.