1377
Hard times
(i.imgur.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Jul 2023
1377 points (97.1% liked)
Lemmy Shitpost
26822 readers
2188 users here now
Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
Rules:
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
founded 1 year ago
MODERATORS
I wasnt disputing your margins report but that it makes for perfect competition. Why are you assuming low margins necessarily lead to better competition? With low margins, volume dictates the winning business in the unregulated marketplace. Big businesses monopolize and then one day have more leverage over their margins than the marketplace itself. Not a problem when antitrust laws are enforced but those laws have had their teeth pulled for the last 30 years.
So what hasn’t been true for decades then?
Your question isn’t a bad question though so I’m gonna answer it in good faith. Basically when regulators look at whether industries are competitive a huge factor they look at is whether firms have pricing power and their market share. There are a couple other things they look too like purchasing power with suppliers.
If you look at a firm like Facebook (META) it has both high margins (>30%)and between Google has 80% market share in online advertising. That’s an industry that is oligopolistic and possibly a case for antitrust measures.
In a nut-shell the question is “how much of the pie is consumer surplus vs producer surplus.”
If you look at grocery you’ll see the market share is really broken up so yeah they’re doing a lot of volume but you have a lot of choice. Volume itself doesn’t really tell us anything about competitiveness.
As you’re thinking about this ask and still disagree ask “what would a good objective measure be for competitiveness?” We need some actual quantifiable metric, so what would your counter-proposal be then?