(Still don't think it will happen - but that shift occurred when leases on commercial real estate were at all time high)
51 karma · joined April 24, 2023
(Still don't think it will happen - but that shift occurred when leases on commercial real estate were at all time high)
That being said, I think you are just glorifying the past a bit. Watching on-demand television was impossible 15 years ago. People were still using tivo's you had to set ahead of time. I personally call my barber because its easier than the computer - and most places have both options.
Its not like they had efficient shipping or storage back then.
To be clear I think these companies would manipulate prices if they knew how and could get away with it, but having trouble seeing how "four companies control under 60 percent of one food's market" is that alarming. That seems like more competition than at any point in human history.
My guess is most of HN is relatively pro-market pro-business so this probably won't be controversial, but this seems like the type of thing that a government will regret in ten years. So many municipalities would kill for a large number of people to come in, pay locals and local taxes, and then leave without using any social services. I realize Amsterdam is very wealthy, but feel like we've seen countless times cities discouraging visitors and then surprised when tax revenues drop.
I should be able to see on my Bank of America credit card which companies are going to bill me within a month - and either be able to block it or click a link to cancel.
I feel like I've seen some smaller financial services which have this feature, but most people want to use a major credit card.
Let's say there cut is 2%.
If I sell a ticket for $50 list price to StubHub and then they sell it for $50 list price then they got 1 dollar from me and one dollar from the eventual buyer. That's $2 total.
If I sell a ticket to someone else on Stubhub for $50 then they also get $1 from me and $1 from the seller. The "double dipping" doesnt work out even before you factor in the overhead.
This is not to say they aren't manipulating market. Maybe they think they can make more money because humans are risk adverse and sell tickets for less than they should to optimize EV, or somethikng.
People can obviously post on their stories - but I think there is something about a photo based medium that makes some people reluctant to post at all or slide into other people's DMs.
Not seven saying its overt corruption. But if you work for the military in collecting sightings on unidentified objects and earnestly dont know what 10% of the sightings actually were, it behooves you to fan the rumors on it a bit.
If a company says the reason is inflation they can only maintain that pricing power if every other firm does the same thing. If no firm decides to keep prices the same, to steal more of the market, that suggests to me that either inflation is real (perhaps in a harder to quantify way than just supplies) or companies have much more consolidated competitors than they used to (perhaps start up costs are now high so new entrants become impossible).
To me this highlights more companies realizing they have pricing power similar to monopoly power or cartel power. A company that has lots of competition can't raise its profit margins. But a company with a moat, where no competitors are able to fund the capital needed to compete, can raise profits.
Looking back earlier this year I paid $40 for two cave tours of a national park through the site. There are no listed fees. It is a reasonable price for the tour and the site was pretty easy to use, but now I am curious what the cut is for the park. Definitely am not against a private company getting paid to manage reservations but seems reasonable that the info is disclosed.
The question is whether or not an old building being replaced by a tower or a single family house will lead to more expensive housing throughout the city. I still am confused as to how density would hurt locally here.
I can't find for the US but I know there are strict rules on what can be called juice, for instance. It looks like Europe is more lenient than the US: https://www.npr.org/2020/10/23/927278172/veggie-burgers-can-...