• jet@hackertalks.com
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    1 year ago

    Sounds like you’re defining a failure of the free market

    If these devices are so cheap the marginal cost justifies the lower price, why isn’t market competition eating into their margin in the more affluent countries?

    Sounds like somebody’s got their finger on the market balance

    • nevemsenki@lemmy.world
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      1 year ago

      A lot of times the cheap prices in low cost countries is (partly) subsidised by the higher profit in more expensive ones. Essentially buying market share and brand recognition for some lost revenue, hoping to recap it by cornering the market and rising prices in the future. At least that’s the theory.

      • 1847953620@lemmy.world
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        1 year ago

        Oh, I didn’t realize we needed to manipulate markets in favor of the marketing strategies of corporations, since they need so much help