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by lynx23
622 days ago
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Assistive technology costs are high because consumers barely have an alternative. I am blind. In Europe, a 40-cell braille display starts a 6k. 6k, just for a monitor which displays 40 characters. Prices are largely unchanged since 20 years. Technological advancements are irrelevant. Resellers will squeeze the cow, thats plain capitalism man. |
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However, as you have pointed out, since it is also a market where people have few choices, there is no incentive for any new player to significantly lower the prices. Even if they easily could. Because they know that they will get the customers anyway.
That seems to be the root cause of the excessive price problem. An existing oligopoly of rent-seeking companies. Or a cartel, if you like.
I think that one of the ways to disturb this market and bring the prices down is for some honest company to join it and price their products fairly.
Once there is one such company, I assume that everyone else will lower their prices as well. Because otherwise they will run out of business.