Quote (Thor123422 @ 4 Mar 2021 15:11)
As I was typing this my window closed.... obviously big government doesn't want me talking about this.
I have high hopes reading this. We're often told by conservatives that companies will pack up and leave if we expect them to pay their fair share, then say that they will just pass the price on to the consumer. Lot of double speak. In reality, if they leave a country they lose out on a massive amount of sales. The U.S., Canada, U.K., etc. etc. No company is going to give up billions of dollars of sales because they made a 4.3% margin instead of a 4.7% margin.
Well, this is obviously easier done with free products for which customers pay no money, like the internet services we're talking about here. When it comes to physical goods or services for which actual money is paid, additional stops have to be pulled to prevent the corporations from just passing the price to their customers.
It generally works fine on hypercompetiive markets with price-sensitive customers. In this setting, one of the competing corporations will have the chance to expand its market share if it does not pass the extra fees to its customers and thus undercuts the product prices of its competition, hence creating a genuine tradeoff between market share and profit margin. But in many fields, markets are not that competitive/efficient.
This post was edited by Black XistenZ on Mar 4 2021 12:23pm