Examples: Smart (spying ad-showing) TVs, non-compete agreements, water heater rentals, not-really-unlimited "unlimited data" cell plans, surveillance economy, only-rentable-not-buyable software and films and TV shows and audiobooks, etc.
Examples: Smart (spying ad-showing) TVs, non-compete agreements, water heater rentals, not-really-unlimited "unlimited data" cell plans, surveillance economy, only-rentable-not-buyable software and films and TV shows and audiobooks, etc.
For example, there is always going to be a huge barrier to entry for automakers. They need to invest an enormous amount of time and money in design, factories, raw materials, labor, etc before they can deliver an actual car. This barrier protects automakers from feeling the full repercussions of their anti-consumer practices because it is extremely difficult for a new pro-consumer competitor to enter the market.
When we remove that assumption of perfect competition, the whole free market theory starts to fall apart. A well functioning free market requires power to be balanced between all parties, otherwise whoever has the most power can end up corrupting it and using their power advantage to grab even more money and/or power.
But if all else fails, giant corporations are eventually going to get the good ol' pitchforks up their butt.
[0] https://slate.com/business/2023/04/cars-buttons-touch-screen...
In some cases people choose things that are bad for them, for all kinds of reasons. Someone will always sell you a subscription to your own car, if you tell them you want one. The market is the mechanism, the responsibility lies with the consumer. I know that it feels like there's a conspiracy, but it's almost always just people getting what they say they'll pay for.
The best solution is for people to exercise good judgment. The nuclear option is to regulate what people can and cannot buy and sell. It's not to have that nuclear option on the table, and it is necessary sometimes, but it does not feel like this particular case is one when people cannot reasonably be expected to decide for themselves what they want, or have the power to exercise that decision. Nobody HAS to buy a Mercedes.
Good judgement comes from experience. Experience comes from bad judgement.
Guess which phase we're in now.
The "market" didn't decide to exclude headphone jacks and SD cards on mobile phones. Apple went that direction and other companies followed suit. Customers had no real choice in those matters.
Yes they did, they could vote with their wallet. And they voted for ear buds.
There's still plenty of phones with jacks out there by the way.