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Re:Every company should be owned by its employees by stale2002 on Thursday July 25, 2024 @10:49AM (#41069361)
> cabbies in a handful of metro areas in the US.

The ones that were overcharging consumers?

Yeah it is great for customers when prices go down.

That's a benefit, not a drawback.

Those cabbies should have offer better service at a lower price if they wanted to compete.

Re:Every company should be owned by its employees by nativeit on Thursday July 25, 2024 @12:18PM (#41070431)
Overcharging? It’s easier to beat their prices if you don’t have drivers or cars to pay for.
Re:Every company should be owned by its employees by andrepd on Thursday July 25, 2024 @03:59PM (#41072726)
Compared to dumping I guess everybody is "overcharging"...
Re:Every company should be owned by its employees by stale2002 on Friday July 26, 2024 @04:01AM (#41076722)
If you can't give the best product to consumers for the best price then get out of the market.

Consumers are the judge of what's best. And they vote with their wallet and feet.

Re:Every company should be owned by its employees by forgetfreeman on Saturday July 27, 2024 @04:50AM (#41085305)
Three quarters of a trillion dollars are spent annually on marketing worldwide. Consumers are persistently manipulated into all manner of poor choices.