• Coke@lemmy.zip
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    1 hour ago

    i agree with you they would try to profit more, (they’re a business so of course). but i think lowering operational costs allows them to lower their prices too, while also profiting more. we need a good way to ensure monopolies don’t just all agree to set a standard price and not compete with each other, i haven’t thought of one yet except outright monopoly busting. but i do think in general lowering costs to create goods allows goods to be cheaper especially when they’re facing and trying to undercut other competitors/competition.