• Coke@lemmy.zip
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    5 hours ago

    they’ll charge whatever’s most profitable but if two self driving transportation companies are in competition with each other and they both want to dominate the market, one might set their prices lower than the other to steal the market share. the only way that wouldn’t happen is with two monopolies agreeing to not undercut each other, which happens. but in general when a company has lower operational costs their goods will cost less too.

    • NιƙƙιDιɱҽʂ@lemmy.world
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      4 hours ago

      Or they all operate at a loss to undercut the others creating a battle of capital, those that run out first go out of business or are acquired by the remainder who then jack up the prices because you no longer have a choice.

      See taxi companies vs Uber and Lyft.

    • Passerby6497@lemmy.world
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      4 hours ago

      but if two self driving transportation companies are in competition with each other and they both want to dominate the market, one might set their prices lower than the other to steal the market share.

      https://en.wikipedia.org/wiki/Surveillance_pricing

      Lol. Lmao even

      You’ll pay more and think you’re getting a deal until you see what your neighbor is paying.

      • Coke@lemmy.zip
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        4 hours ago

        i mean they’re gonna charge whatever makes them the most profit regardless

        • Passerby6497@lemmy.world
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          4 hours ago

          But I thought we were going to get lower prices? /s

          At least you understand your original point was bullshit.