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 5 weeks 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 5 weeks ago
You forgot about laws.
masterspace@lemmy.ca 5 weeks ago
No I didn’t.
CileTheSane@lemmy.ca 5 weeks 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.”?