this post was submitted on 27 Feb 2024
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[–] [email protected] 24 points 10 months ago* (last edited 10 months ago) (1 children)

It blows my mind that these companies can get away with manufacturing artificial scarcity, as an alternate means to price gouge.

[–] [email protected] 18 points 10 months ago (1 children)

The old question: still a cartel or already a monopoly?

[–] [email protected] 8 points 10 months ago

If a single company can unilaterally dictate the price of a thing simply because they control a big enough piece of the market… yeah. That’s a monopoly.