Okay, lets be real. The companies were frothing at the mouth just looking for an easy scapegoat excuse whether it fits or not. They were going to increase the prices regardless of world conditions as they pull in record profits quarter after quarter. Its just easy for them to blame tariffs or other things to take the heat off of the reality that they are just immensely greedy.
Comment on Nintendo is raising the price of the Switch 2, blaming 'market conditions'
Armok_the_bunny@lemmy.world 3 days agoYou don’t think unpredictable tariffs and rampant deregulation across the entire economy have had an effect on prices?
RightHandOfIkaros@lemmy.world 3 days ago
echodot@feddit.uk 3 days ago
They were going to increase the prices regardless of world conditions
All of them, at exactly the same time?
nomy@lemmy.zip 3 days ago
Sure, price fixing is a thing that happens all the time even though it’s illegal.
Why do you guys defend corporations? They’ve shown time and time and again they’re pure evil motivated only by profit. They don’t get the benefit of the doubt.
RightHandOfIkaros@lemmy.world 3 days ago
The big 5 in DRAM chips manufacturers literally got fined by the FTC for price fixing in 2002. They admitted to price fixing from 1998-2002.
Verdun Oil and XLC Resources just got fined in 2025 for purposefully shutting down EPs crude oil drilling plans prior to a merger notification to antitrust authorities (called gun-jumping) which caused a massive crude oil supply shortage whcih was intentional to keep prices high.
Medical companies got fined this year for price fixing on insulin.
The prices were always going to go up regardless of the economy or the current US president, because the prices aren’t effected by those nearly as much as they are effected by shareholder greed and demand for short term profit at the expense of everything else.
RightHandOfIkaros@lemmy.world 3 days ago
Why wouldn’t they? Once a few start increasing their prices, others will either have to (such as small businesses when their suppliers increase prices), or will follow suit out of immense greed (GPU manufacturers already made huge net profit, they didn’t need more). All it takes is for a few businesses at the bottom to start turning the valves and the whole system falls apart, regardless of economy.
This is why when prices go up during a bad economy, once the economy is good the prices never ever go back to the amount they were before. Ever. The prices go up and always stay up.
ShadowRam@fedia.io 3 days ago
Yeah, I'm not sure how US tariffs and US regulations have any effect on Japan, or UK, or Aus, or every other country in the world that also suffered inflation and high GPU/RAM/SSD prices.
kevin2107@lemmy.world 3 days ago
how much you paying for gas?
mnemonicmonkeys@sh.itjust.works 3 days ago
Plus oil prices going up due to blocking the Straight of Hormuz, which in turn increases transportation costs