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jack_tripper | 2 months ago

>When healthy competition exists, you can't just arbitrarily charge people more, because they'll just go buy from a competitor.

Competition is meaningless when they're all owned by Blackrock and Vanguard to an extent. They can easily sacrifice a brand to test the waters, knowing consumers will move to buy from their other brands which the also own.

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reactordev|2 months ago

Macro capitalism is pretty crazy stuff. Look at the US food industry how it’s primarily 5 companies that own ALL the brands.