this post was submitted on 21 Dec 2023
707 points (100.0% liked)

196

16552 readers
2842 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
moss@lemmy.blahaj.zone
greembow@lemmy.blahaj.zone
moss@lemmy.world
queue@beehaw.org
funky_rodent@lemmy.blahaj.zone
PeachyMcPeachface@lemmy.blahaj.zone
threegnomes@lemmy.blahaj.zone
greembow@lemmy.world
remotelove@lemmy.ca
Roflmasterbigpimp@feddit.de
qaz@lemmy.world
A_Very_Big_Fan@lemm.ee
qaz@lemmy.blahaj.zone
qaz@lemmy.ca
A_Very_Big_Fan@lemmy.world
qaz@lemmy.dbzer0.com
Qaz@lemmy.ml
qaz@sh.itjust.works
qaz@lemmy.sdf.org
707
Merger Rule (i.imgur.com)
submitted 11 months ago by alexiascylding@lemmy.blahaj.zone to c/196@lemmy.blahaj.zone
90 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] KingThrillgore@lemmy.ml 17 points 11 months ago (1 children)

monopolies that resulted in lower prices

IT DOESN'T WORK LIKE THAT DAYO~

When you own the market, you either:

  • Dictate the price as the sole provider
  • Are forced to set the price because of your natural monopoly status (as a utility for example; until you stuff the utilities commission or regulatory capture your way into even controlling that)
  • Have to break up to create competition, release patents, or otherwise be forced to allow competition which leads to a lower cost alternative

I hate the gipper. Fucking cunt, and he can't fucking act either.

[–] WhatAmLemmy@lemmy.world 14 points 11 months ago* (last edited 11 months ago)

He knew. All capitalists know. They don't care, because the goal of capitalism is to profit — therefore profit is the one and only true guiding virtue.