4 ms·
Are you asking about supply and demand?
by dgfitz 1y ago
Are you asking about supply and demand?
- roughly 1y agoI believe he’s asking why the parent poster was suggesting monopolistic consolidation would be good for the consumer, contrary to what all theory and experience would suggest.
- tomrod 1y ago*shrug* I gave him the argument baseline argument commonly known because it claims that costs become lower (and thus the merged entity claims to pass lower costs to the consumer) that normally flies at the FTC.
- margalabargala 1y agoThe context of the conversation is one of a horizontal monopoly, in a market that's near saturation, operated by a megacorporation that could afford to ignore profits or losses indefinitely, in the specific industry of robot vaccuums. So maybe the question is "why on earth would someone think supply and demand does apply here?"
- deleted 1y ago[deleted]
- Spooky23 1y agoWith respect to Amazon? Give us all a break.