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Customers frequently prefer cheap bundles. The right time for an antitrust decision is often when the company is large and stops behaving competitively.
by 1123581321 1y ago
Customers frequently prefer cheap bundles. The right time for an antitrust decision is often when the company is large and stops behaving competitively.
- int_19h 1y agoCustomers acting individually have a short-term perspective which leads them to prefer low prices in general, which is why strategies like price dumping work - yet they are illegal for a reason. The problem is that once the monopolist is entrenched and all competition killed off, those cheap bundles stop being cheap. Hence why you need someone to take the long term view and nip these kinds of things in the bud. A democratically elected government is the best avenue for that.
- 1123581321 1y agoA democratically elected government won’t force prices to be raised in a market if consumers benefit and the regulator or court finds marginal costs to also be driven down by scale.