Re:Want to rescue rural America? Bust monopolies
by Retric on Sunday April 23, 2017 @04:11PM
(#14180202)
Everyone except the supplier is worse off. Remember, a 50% discount on 3x price increase is still a huge price increase.
Further it's all short vs long term pricing. In the short term a company will setup lower prices to kill of competitors, the when there is no competition they raise prices significantly to have a long term war chest. So, on a day to day basis they might be the cheapest option, but their average price over decades is more than their short lived competition.
Further it's all short vs long term pricing. In the short term a company will setup lower prices to kill of competitors, the when there is no competition they raise prices significantly to have a long term war chest. So, on a day to day basis they might be the cheapest option, but their average price over decades is more than their short lived competition.