this post was submitted on 26 Nov 2023
935 points (94.1% liked)
Asklemmy
43826 readers
941 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
We've let our companies grow too large, giving them the ability to put the screws on us. Also competition isn't really happening in many fields, as ask the companies are owned by pretty much the same people.
Why do you think there isn't more competition? I was wondering if it was too much red tape/legal risk to start up a business. Everyone is saying how greedy these companies are, so they must be charging way more than a fair price, which means an average Joe should be able to step in and provide the same stuff for a fair price.
Competition goes way down when all the different companies are owned by a very small set of huge companies. And for these companies it's easy to setup cartels and just simply not compete and jack up the prices. Competition happens when the companies must make a profit or die, not when conglomerates can trust that they're the only game in town.