Okay so lets look at it they way i'm trying to look at it.

I set up a lemonade stand on a corner street. I operate for 5 years. I now have a nice shack, comfortable seating, a ceiling fan, and an employee

Now in order to maximize profits I degrade the quality of my lemonade and also reduce it's price. It's not unfair but it's also not that great of lemonade. I'm the only place around, where else are you going to get lemonade?

Now someone says 'fuck you and your lemonade I'm making my own' and they make a small stand opposite of mine. They have to sell their lemonade at a higher price because otherwise they may lose money. Their lemonade is of a much better quality, they are much more responsive and respectful to their customers.

However they don't get that many people because, everyone already visits me. I don't care about him, i'm not actively trying to shut him down, however he'll get stangled simply because, even though my lemonade isn't as good, it's much cheaper in a much better environment with everyone who's been buying it for the past 5 years.

Then you're not in demand enough, tough luck, fit your product to meet the demand then

There's nothing stopping you from doing that

@Holo that's it, and this is what happens when the big boys start to get legal and then push people around with their mergers . Because you can buy them out and claim copyrights and persue legal action.

Which means, poetic licence is not available in the arts industry and everything becomes a rerun.

"push people around with their mergers" you're talking nonsense

so lets put it even farther, i expand my store to sell other things than lemonade and we'll increase the quality of the lemonade 10 fold.

I'm a shit owner, i'm a bit rude and can be a bit preachy to my customers, but my lemonade is the absolute best, so people come anyways.

Now in order to make my lemonade the best, i have to use the best ingredients, which raises the cost, but i don't want to, so i reduce the cost so i actually lose 10% on every lemonade i sell.

I make that 10% back though from the sale of other items in my store.

Now same dude on the other side of the street. He is much nicer, a great person, he's willing to do anything for his customers. He can't compete with me though, because I operate a loss, and am fine because of my other sales.

So he goes out of business without me doing anything

Copyrights are an issue, yes. But that's a different problem

we'll assume the quality of the lemonade is the same

Dude

You're just proving that competition works, you're just making it so the competitors aren't offering the product that is in ACTUAL demand

Or the service

@ETBrooD she woops your bum and you're not knowledgeable in mergers and legislative assembly of claims. Get with it.

no? in both cases the competition balks under the pressure from the original company and can't compete

The competition fails not because of the monopoly, but because of their own incompetence

the first case however, i would say is customer error mostly, since they continue to visit the bad service regardless

the second case, however is not error on customer or on business owner, but because the guy with the big store has the ability to offer his service at an absolute loss, and still be an utter dick to his customers, the other person can't compete

That's literally what I said

Customer is king, this is always true, and it describes how demand works

Make youtube then

You're literally complaining that you're not good enough to produce something that is in greater demand

People are making alternatives to Youtube, they just haven't taken off yet because they're shit

If i made a copy of youtube, that offered ads to everyone, that explained every copyright strike, that was responsive and transparent to the people who uploaded, i'd still be dead within a year because i couldn't operate under the ENORMOUS loss that youtube sustains

Well then you're still offering a bad service, because if you lose money because of your bad service that simply means that you're not in demand

pardon....

It doesn't matter how much you think your service is worth, the customer decides

you do realize youtube operates at a loss because of the infastructure... right?

But then that's not what happened in regards to IBM because they were out shone by the other competitors in the 80's and 90's . They couldn't keep up and tried to use some nasty tactics. However , you tube are compelled by the consumers themselves and do not prevent poetic license.

Youtube may just be operating at a loss either way, maybe it's just not something that can turn a profit

If i offer the theoretical best service and we'll say EVERYONE switches from youtube to me, i'll still be dead within a year because of the operating costs

So the answer is don't enter an unprofitable market

@Holo I know this but, it depends on how they will look at the long term pursuits . At the moment their TV series are breaking the mold.

if it's unprofitable, shouldn't the question be 'why' and not just accepting that?

Who cares if your product is the best on the market if no one wants it enough so you operate at a loss, it's the same end result, and your competitors are not the reason why you fail

This is why they have started to charge for it with premium membership.

You really need to understand the difference between an actual market bully and a monopoly

Netflix streaming is almost there though.

i'm not entirely sure ET is understanding my point here

But not for personal gratification. <:UwUzalu:583698818642608138>

I do get your point, but you don't understand how supply & demand works

@Holo no he takes a while .