3 ms·
What people sometimes don't understand about monopolies, specially of a new product, is that the competition, in additions to all the competition that already e
by panick21_ 2y ago
What people sometimes don't understand about monopolies, specially of a new product, is that the competition, in additions to all the competition that already exists for internet, is simply not having it.
SpaceX can just asked for an absurdly high price, because if they want to sell into the broader consumer market, people aren't going to pay 1000s of $ a month to watch Netflix.
- cmdli 2y agoThat is called the monopoly price: https://en.wikipedia.org/wiki/Monopoly_price https://en.wikipedia.org/wiki/Monopoly_price