Re:Spotify and Google Announce User Choice Billing
by selcuka on Thursday March 24, 2022 @08:15PM
(#30797259)
I disagree. Spotify is practically a monopoly and is a rent-seeking entity. The reason artists can't go somewhere else is not because Spotify efficiently operates at cost (their gross margin was 26.5% in Q4), but because it's the only brand most customers know.
A company that is not easy to undercut could just be an efficient business that operates roughly at cost without excessive margins.