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submitted 10 months ago by fne8w2ah@lemmy.world to c/technology@lemmy.world
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[-] akrot@lemmy.world 9 points 10 months ago

There are plenty of other players on the SSD marker. Crucial, WD, etc. I predict that their prediction will be wrong

[-] the_post_of_tom_joad@sh.itjust.works 45 points 10 months ago

We cynics predict the other players will follow suit, acting as a cartel. The prices will remain inflated, and media covering the price rise will blithely repeat industry talking points as fact. A few keyboard warriors will be convinced enough to point to these articles in online arguments. Someone somewhere types "supply and demand" unironically.

Maybe a few years down the line there will be an investigation when a whistleblower forces some government in europe to appear as if they're doing something. The trial will last longer than the media coverage of it.

After that, we predict a settlement that costs less than the profits they made colluding to inflate prices. Someone somewhere types "cost of doing business"

[-] JimmyMcGill@lemmy.world 6 points 10 months ago

Rinse and repeat

[-] DontRedditMyLemmy@lemmy.world 3 points 10 months ago
[-] ridethisbike@lemmy.world 8 points 10 months ago

Even better... He's from the past.

[-] BrianTheeBiscuiteer@lemmy.world 7 points 10 months ago

If Samsung publicly announces cutting back production and the rest do the same I don't think it's considered collusion.

[-] Kiwi@lemmy.world 4 points 10 months ago

I think it’s only collusion if they all talk about doing it. Reading that your competitor raised prices and then raising your own isn’t the same as using back channels with your competitor in order to agree to both raise prices

[-] afraid_of_zombies@lemmy.world 2 points 10 months ago

It is okay to respond but not okay to plan.

[-] afraid_of_zombies@lemmy.world 6 points 10 months ago

Yeah but they probably have all the same suppliers and even if one keeps their prices low for now eventually someone there is going to wonder why they are doing the same work as everyone else but getting paid less for it.

This is why you need a healthy market. You need lots of competitions selling a lot of different products. Not 4 companies all seeing the same crap.

this post was submitted on 01 Jan 2024
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