With Standard Oil, prices didn't go down, except in the very short term. Monopoly can seek out higher profits once monopoly is obtained.
The pricing of LinkedIn, of dating web sites (almost all now owned by match.com), and of many other services is astronomically high, mostly because they can.
> many other services is astronomically high, mostly because they can
interesting... i guess i never thought about that because of the plethora of "free" services out there, but for payed options i guess maybe you have a point ^^)
With Standard Oil, prices didn't go down, except in the very short term. Monopoly can seek out higher profits once monopoly is obtained.
The pricing of LinkedIn, of dating web sites (almost all now owned by match.com), and of many other services is astronomically high, mostly because they can.