Message from @Orson Krennic

Discord ID: 640306543707029506


2019-11-02 21:40:48 UTC  

But at that point public opinion would be negative towards the company

2019-11-02 21:41:07 UTC  

And what will that do, make them stop needing phones?

2019-11-02 21:41:23 UTC  

No, they'll be less apt to stay with the company overcharging

2019-11-02 21:41:29 UTC  

Or they'll find a substitute

2019-11-02 21:41:35 UTC  

Which consumers are very good at doing

2019-11-02 21:41:44 UTC  

monopolies will attempt to entrench themselves by using temporary charging reductions

2019-11-02 21:41:52 UTC  

They don’t have an alternative option when there’s no other companies around.

2019-11-02 21:44:25 UTC  

In this scenario the likely outcome would be that another cable service would expand into the area to meet the demand of the consumers

2019-11-02 21:45:22 UTC  

But with startup costs and a smaller initial customer base for the opposing company the monopolized company can simply discount their prices to a point at which the other company cannot keep their doors open in the area. @Orson Krennic

2019-11-02 21:45:52 UTC  

But then operating costs for the first company would be greater because they're not bringing in enough revenue to pay for them

2019-11-02 21:46:21 UTC  

@Orson Krennic Clarified. Meant to refer to the incoming company for startup and operations cost.

2019-11-02 21:47:11 UTC  

If they keep going through a cyclical price system, the consumers would have no incentive to stay with them, so when another company did come into the area the consumers would switch

2019-11-02 21:47:20 UTC  

@DrRisen that's short term

2019-11-02 21:47:29 UTC  

Long term, it would be a good investment for the incoming company

2019-11-02 21:47:39 UTC  

Especially if they're already established

2019-11-02 21:48:25 UTC  

@Orson Krennic Switching takes time, especially if the initial company had an exclusivity clause in place.

2019-11-02 21:48:45 UTC  

Time that the startup doesn’t have.

2019-11-02 21:48:50 UTC  

Companies change prices all the time without losing public support

2019-11-02 21:49:02 UTC  

It’s a stamina game, and the home field team will always have more of it.

2019-11-02 21:49:15 UTC  

Again, it's a long term good investment

2019-11-02 21:49:36 UTC  

Short term, the costs are expensive

2019-11-02 21:49:41 UTC  

Long term, it's a good investment

2019-11-02 21:49:53 UTC  

Especially because of the demand for cheaper prices

2019-11-02 21:50:00 UTC  

If you’re a startup, you can’t afford long term because you have bills and loans to pay *now*.

2019-11-02 21:50:10 UTC  

That's not what I've been saying

2019-11-02 21:50:35 UTC  

I explicitly said what would be probable is for an existing company to move into the area and expand their business

2019-11-02 21:51:09 UTC  

Which doesn’t solve the problem of stifling new growth.

2019-11-02 21:51:30 UTC  

It’s just another big tree taking up even more of the forest.

2019-11-02 21:52:00 UTC  

If the other company offers lower prices then it would solve the problem you detailed

2019-11-02 21:52:05 UTC  

And eventually these trees merge or go bankrupt making it even more centralized

2019-11-02 21:52:13 UTC  

But often times, companies don't do this

2019-11-02 21:52:22 UTC  

So it's not a realistic scenario

2019-11-02 21:54:49 UTC  

@Orson Krennic And that breaches the problems of corporate conspiracy, in the sense of conspiracy meaning conspiring and cooperating together.

2019-11-02 21:55:21 UTC  

I can’t think of the proper word for it in financial terminology, though there probably is one.

2019-11-02 21:56:10 UTC  

@Orson Krennic Collusion, that’s the word.

2019-11-02 22:32:34 UTC  

@DrRisen R A I S I N

2019-11-02 23:36:47 UTC  

@Maksim W A T

2019-11-02 23:51:27 UTC  

Combination of cultural warfare, the sanctity of marriage and a lot of rope, some assembly required

2019-11-03 17:49:14 UTC  

@everyone Question Of The Day:

You're the infamous epic hacker 4chan and you've just stolen all of the world's nukes; problem is which country do you nuke first?

2019-11-03 17:49:38 UTC  

The United States

2019-11-03 17:49:42 UTC  

Denmark