Not the same situation. They purposely went low to price out the competition for years, accepting losses until the competition hopefully didn’t exist or had everyone semi dependent on them. This is not a supply/demand situation or increase with inflation. This is creating market dependency until you can increase your cost to what you want it to be by obliterating competition.
Oh, for sure! Corporate greed exceeds new levels year on year! To think they raise interest rates to curb inflation, but then banks and most other companies are posting record profits without any social return is disgusting.
Exactly right! While I think companies like Uber and Netflix did price things like Taxis and Cable out of business unethically, I don’t want to go back to those days. I remember having to try to catch a Taxi and waiting over an hour and a half in the cold. They would ask where I was going and just drive off. Cable was full of scummy tactics and slowly introduced ads until it was just basically paying to watch ads. I don’t want to go back to that shit. But Uber and the like should have been honest about what the pricing structure would have been from the get go.
Thanks bot
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Reddit wasn’t going to die. Wasn’t about winning and losing. It was about making people aware of the bad business practice running in the background and trying to get them to change. Also, it would have been much better if there was a clear alternative offered. I only found out about Lemmy through a friend. Never saw anything about it throughout the protest.
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