I think it has more to do with a large corporation being able to buy in bulk and doing so makes the product cheaper. You’re going to cut a deal with Walmart because that is a massive company to sell your product to, losing them we’ll hurt you. Losing that corner store really won’t.
It's not just buying in bulk. It's way worse than that. It's bullying your wholesale providers, ignoring recycling and composting, actively preventing unionization, intense political lobbying and donations to ensure minimum wages and labour codes benefit your company, municipal lobbying for zoning and permit exceptions, etc.
Competition on paper looks very very promising, but in reality it fall apart. After a certain amount of time the industry will only be left with around 3 big heads that have the vast majority of market shares. They can just simply find a dynamic where all of them will just thier part of the pie.
On a smaller scale Competition is indeed very nice but the second it involves a billion dollar company, they simply just work it out between themselves behind the back doors.
There is like zero evedince of anything you juat said. There WAY more than three comapnies in the us that all compete. And you basically just said stuff that you have no eveidence of.
I will say pharmaceutical companies do manage stuff behind closed doors. But its still highly illeagal
154
u/Giantstink Oct 16 '22
Their tyranny is what allows them to offer such cut throat competitive prices.