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by lxgr 465 days ago
So in your view, potential monopolistic price fixing is not a concern as long as the absolute per-unit numbers are relatively low?

By that logic, we’d probably still be paying double-digit cents per minute for long distance calls. (Less than a dollar - a small price to pay to talk to your loved ones across the country!)

3 comments

The OP is providing a potential reason why people continue to buy eggs and are not rushing to alternatives.
which, btw, would also be OK if that was somewhere close to the actual marginal cost of those calls. But of course, it wasn't even in the same universe, let alone ballpark.
I didn't say it wasn't a concern.