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.”?
Multiple competitors just results in them all agreeing to raise prices when taxes are lowered.
Price signalling happens in situations with low competition, in a healthy, competitive market, if you raises prices someone will undercut you to take your business.
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.”?
You literally just break up grocery store companies and stop them from merging in the future. The solution is not complicated.
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.”?
masterspace@lemmy.ca 6 days ago
Price signalling happens in situations with low competition, in a healthy, competitive market, if you raises prices someone will undercut you to take your business.
You literally just break up grocery store companies and stop them from merging in the future. The solution is not complicated.
CileTheSane@lemmy.ca 6 days ago
Oh, so you mean LAWS?
masterspace@lemmy.ca 6 days ago
Yeah. Try and follow the conversation.