“We also heard from attendees that the industry, which is perceived as struggling, would have difficulty selling games for $80 if GTA 6 came out at $70. We think it’s in Take-Two’s self-interest, as a publisher and partner to many developers, to raise the price point for the entire industry.”
That sounds a lot like an argument a cartel would make.
I was about to say, this sounds like market collusion
Wouldn’t the free-market capitalist thing for them to do in this situation be to take the knowledge their competitors can’t compete with them and use it to squeeze them out of business?
Literally if they do anything else with this information it feels like it has to be pretty textbook collision
No, it’s just “price fixing”, and thanks to decades of alternating between neoliberals and Republicans, it’s essentially legal.
Like, there’s no debate about if this is price fixing it’s blatantly obvious.
The loophole is because it’s blatantly obvious.
The real problem is this isn’t the only place financial institutions want higher prices, they want everything to be as expensive as possible, be ause it adds up and pushes people into debt.
They’re dreaming of a day people Klarna everything and never get out from under debt.
That’s the natural conclusion of banking in a Uber capitalist society. It stops being a place to store wealth, and becomes a place to borrow wealth from. Because that’s how banks make the most money, and that’s all that matters in Uber capitalist societies.
it’s funny because the higher prices have made me reject modern society, and I buy NOTHING as a result… literally nothing. havent bought a thing that wasn’t food in about 3ish years now. sorry, I bought a mouse. some unknown brand because all the ‘top brands’ are horrible quality and break way faster then some $15 cheap AliExpress junk I bought.
I refuse to participate and will sit on my money. don’t care. let it burn
Which is why Uber capitalist societies need inflation. If people remove wealth from the cycle, they get punished with inflation.
A lot of people don’t understand that inflation isnt some insurmountable natural force we fight, it’s something that is intentionally done by the people literally controlling our economy.
That’s not a conspiracy, that’s what the Federal Reserve literally does.
That sounds a lot like an argument a cartel would make.
I was about to say, this sounds like market collusion
Wouldn’t the free-market capitalist thing for them to do in this situation be to take the knowledge their competitors can’t compete with them and use it to squeeze them out of business?
Literally if they do anything else with this information it feels like it has to be pretty textbook collision
No, it’s just “price fixing”, and thanks to decades of alternating between neoliberals and Republicans, it’s essentially legal.
Like, there’s no debate about if this is price fixing it’s blatantly obvious.
The loophole is because it’s blatantly obvious.
The real problem is this isn’t the only place financial institutions want higher prices, they want everything to be as expensive as possible, be ause it adds up and pushes people into debt.
They’re dreaming of a day people Klarna everything and never get out from under debt.
That’s the natural conclusion of banking in a Uber capitalist society. It stops being a place to store wealth, and becomes a place to borrow wealth from. Because that’s how banks make the most money, and that’s all that matters in Uber capitalist societies.
Profits over all else means everything else sucks
it’s funny because the higher prices have made me reject modern society, and I buy NOTHING as a result… literally nothing. havent bought a thing that wasn’t food in about 3ish years now. sorry, I bought a mouse. some unknown brand because all the ‘top brands’ are horrible quality and break way faster then some $15 cheap AliExpress junk I bought.
I refuse to participate and will sit on my money. don’t care. let it burn
Which is why Uber capitalist societies need inflation. If people remove wealth from the cycle, they get punished with inflation.
A lot of people don’t understand that inflation isnt some insurmountable natural force we fight, it’s something that is intentionally done by the people literally controlling our economy.
That’s not a conspiracy, that’s what the Federal Reserve literally does.