Heck even if they did raise prices, the record labels will always get 70% of thier revenue.
They’ve never made an annual profit.
Spotify is reluctant to raise prices because it is still focused on growth and also, raising prices doesn’t really improve its margins (it has 75% COGS).
Edit: by real competitor, I mean one that most people will know and hence, can compete. Even monopolies like Google and Facebook have competitors that some random person I ask is likely to know about. Not sure I could say that of Tidal et al.
The goalpost is formal logic, they do not shift, I am not shifting anything;
Argument of a form ‘data X,Y,Z shows Spotify is priced correctly’ would be valid. ‘Spotify have priced correctly because they are <insert definition of Spotify>’ is not logically valid. Like in formal logic, it cannot be valid.