this post was submitted on 10 Nov 2023
367 points (99.7% liked)

Australia

4412 readers
185 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] SoylentBlake@lemm.ee 45 points 2 years ago (7 children)

More competition... =Prices increase.

This is not the outcome I was told would happen.

Wait, what else was I told that never came correct.?

Student loans Housing Pay raises Protect and serve Self driving cars Pot/Gateway Equal opportunity Meritocracy

... I'm beginning to think all of society, in it's entirety, is just one big grift.

[–] Nonameuser678@aussie.zone 20 points 2 years ago (1 children)

No matter what they say capitalists do not actually like, or benefit, from competition.

[–] Cassus@lemm.ee 7 points 2 years ago (1 children)

They actively kill competition for a reason.

[–] holygon@hexbear.net 4 points 2 years ago

I mean, what is competition? The entire point of a competition is that someone wins, and someone loses. When the entire structure is a competition, then if enough time passes most participants will have lost, and only one will stand victorious. The concept of free market competition will always end in monopoly, and every anti-trust mechanism is just a way to slow this down, not an actual solution. Capitalism will never create a solution to this either, as monopoly is the logical goal of capitalism. When monopoly exists, the capitalists have the most power. Of course capitalism will benefit the capitalists. It would be weird if it didn't.

[–] reev@sh.itjust.works 15 points 2 years ago (1 children)

It's not competition if everyone has exclusivity contracts on all the content. Take Spotify vs Netflix for example. Spotify will have mostly the same base content as Apple Music, Deezer, what have you. With Netflix... You don't get any Disney movies, no game of thrones, you have to buy all of the services to get access to even just the content you want.

I've never felt I was missing out on anything with Spotify, as I likely wouldn't with YouTube music either. Maybe some have less but it's at least a very comparable catalogue across the board.

[–] rainynight65@feddit.de 1 points 2 years ago

Weird thing about music streaming in comparison to video streaming is that music streaming services are all third parties. There's little to no exclusivity in that market because the streaming services all license from the same sources. The big music publishers haven't gone and created their own streaming services, but are (more or less) happily working with Spotify, Apple Music etc.

That's simply not happening in the video streaming market.

[–] alienanimals@lemmy.world 13 points 2 years ago (1 children)

More competition == price increase

Less competition == price increase

[–] Lintson@aussie.zone 2 points 2 years ago

This is the way

[–] Anticorp@lemmy.ml 7 points 2 years ago

You're forgetting the effect demand has on prices. Studios all pulled their content from Netflix and said "fuck you, pay us". People paid, so here we are. Had people said "No, fuck you! Put the content back on Netflix" then we'd still have $15 for everything on one platform. There was enough demand for companies to sell their products. It's not competition when each service has different offerings.

[–] Mkengine@feddit.de 3 points 2 years ago (1 children)

Is it really competition when for example Disney has a monopoly on Disney Streaming Content?

[–] David_Eight@lemmy.world 1 points 2 years ago (1 children)

What do you mean, there are other streaming services aren't there?

[–] Mkengine@feddit.de 3 points 2 years ago* (last edited 2 years ago) (1 children)

Yes there is competition for streaming but not for the specific content of the services. With music I can choose Spotify or Deezer or whatever, but for Disney content I can only use Disney+ or for Paramount Content only Paramount+, so they have a monopoly for their respective content if I want to stream it.

[–] David_Eight@lemmy.world -1 points 2 years ago (2 children)

That's most industries though. That's like saying Toyota has a monopoly on Toyotas but, I can just buy a Ford that does the same exact thing. That's not what monopoly means.

[–] Hycer@lemdro.id 3 points 2 years ago

That's not a very good analogy, but even if we run with a cars one... then it's more like one dealership being the only one allowed to sell Toyotas. You aren't allowed to buy any Toyota, even a used rusty one, from any other dealership. If the dealership decides it costs too much in storage to keep a certain car, like a Prius c, in stock...well they just get rid of the Prius C altogether. (HBO and Westworld being the dealership and Prius c for example)

[–] Mkengine@feddit.de 1 points 2 years ago

I see what you mean, I think you're right.

[–] Da_Boom@iusearchlinux.fyi 3 points 2 years ago

That possibly would've worked if the platforms all had an agreement to share the same content and not monopolize exclusives. If that were the case you'd choose the one with the best price and the best features.0