‹ BackHN Continuity

Thread

The End of a Fair Price: Dynamic Pricing and the Normalization of Gouging

95 points · 128 comments · paimapi

  1. xnx · · focus · HN ↗
    Competition, and being willing to shop around is the only thing that has ever kept prices down.
    1. horsawlarway · · focus · HN ↗
      Which is why we're entering that fun stage of capitalism where the winners have won enough that they just buy up any possible competition in the market, and regulators absolutely fail to enforce any sort of anti-trust/anti-monopoly measures because they're just another thing that's been bought up.

      Nothing like

      - Major bank consolidation

      - Major media condolidation

      - Major tech consolidation

      - Major grocery store consolidation

      etc... to really provide wonderful competitive options.

      1. fmajid · · focus · HN ↗
        Here's how antitrust was gutted by Robert Bork and the Chicago School:

        <a href="https:&#x2F;&#x2F;www.theamericanconservative.com&#x2F;robert-borks-america&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.theamericanconservative.com&#x2F;robert-borks-america...

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.