• kingthrillgore@lemmy.ml
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      11 months ago

      monopolies that resulted in lower prices

      IT DOESN’T WORK LIKE THAT DAYO~

      When you own the market, you either:

      • Dictate the price as the sole provider
      • Are forced to set the price because of your natural monopoly status (as a utility for example; until you stuff the utilities commission or regulatory capture your way into even controlling that)
      • Have to break up to create competition, release patents, or otherwise be forced to allow competition which leads to a lower cost alternative

      I hate the gipper. Fucking cunt, and he can’t fucking act either.

      • WhatAmLemmy@lemmy.world
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        11 months ago

        He knew. All capitalists know. They don’t care, because the goal of capitalism is to profit — therefore profit is the one and only true guiding virtue.