Re:It's not a crime if we do it with an app
by unethical_ban on Sunday January 26, 2025 @02:01PM
(#42832835)
The content of the article shows that it is still a problem. You think that landlords and food suppliers colluding to raise prices to just below the breaking point is not a problem?
[ Parent
| on HN ]
Re:It's not a crime if we do it with an app
by wyager on Sunday January 26, 2025 @03:08PM
(#42833526)
It's not a "breaking point", it's the market rate. There's no landlord cartel; anyone can easily defect and lower their own prices.
The entire food production and provision supply chain has razor-thin margins. If you're hyperfocusing on that industry, it's a sign that your heuristics are pointing you at the wrong things.
Re:It's not a crime if we do it with an app
by unethical_ban on Sunday January 26, 2025 @03:24PM
(#42833704)
Cartel price fixing is not "market rate" by any honest definition.
Re:It's not a crime if we do it with an app
by emn13 on Monday January 27, 2025 @01:57PM
(#42844406)
Outright monopolistic pricing is also "the market rate". Frankly, virtually any price somebody is willing to pay is almost by definition "the market rate". It's a meaningless defense for an artificially high price.