It does. Competition is literally the only mechanism that drives greedy actors to lower prices or improve their service. Without competition they hoarde.
Multiple competitors just results in them all agreeing to raise prices when prices taxes are lowered.
Out of curiosity, how do you propose increasing the number of competitors? Or is this a situation of “gee, that would be nice. Oh well, I guess nothing can be done.”?
masterspace@lemmy.ca 1 week ago
It does. Competition is literally the only mechanism that drives greedy actors to lower prices or improve their service. Without competition they hoarde.
CileTheSane@lemmy.ca 1 week ago
You forgot about laws.
masterspace@lemmy.ca 6 days ago
No I didn’t.
CileTheSane@lemmy.ca 6 days ago
“only the market can fix this”
Gestures broadly at the market
Multiple competitors just results in them all agreeing to raise prices when prices taxes are lowered.
Out of curiosity, how do you propose increasing the number of competitors? Or is this a situation of “gee, that would be nice. Oh well, I guess nothing can be done.”?