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[-] reddig33@lemmy.world 100 points 10 months ago

Did he say anything about the Albertsons+Kroger merger that’s in the works? ‘Cause that’s not going to make things better and they are acting like it’s a done deal.

[-] Wogi@lemmy.world 66 points 10 months ago

Through the magic of capitalism, removing competition will drive prices down! No further questions

[-] IDontHavePantsOn@lemm.ee 21 points 10 months ago

Corner the market then lower your prices. It's basic economics!

[-] TokenBoomer@lemmy.world 1 points 10 months ago

I still don’t understand why they say Disney+ is losing money. It’s Disney.

[-] mlg@lemmy.world 12 points 10 months ago

Microeconomics: "Hey so we should like have a functioning econ-"

Macroecnomics: "Hahahahahahahahahahahahahahhahahaha no"

[-] Corkyskog@sh.itjust.works 3 points 10 months ago

This is funny in many ways.

[-] youngGoku@lemmy.world 5 points 10 months ago

Yes of course because large businesses are more efficient so obviously they can drop prices.

[-] TokenBoomer@lemmy.world 1 points 10 months ago

Well. Yes. Then, No.

[-] linearchaos@lemmy.world 5 points 10 months ago

Yes there's obviously a decent amount of hey look at me I'm electable going on. But if you take a nationwide chain or two head on and make them lower their prices, It's not like the other chains can ignore it.

The whole point of capitalism is that supposed to be happening all the time. We're just allowing all the big names to buy up all the small names until there's no one else to keep them honest.

this post was submitted on 01 Feb 2024
594 points (97.4% liked)

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