this post was submitted on 19 Aug 2024
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Do these companies not realize their whole business model is cheap food for broke people? I lived off of $5 footlongs when I was a student. There's no way I could have afforded that with the prices they're charging now. And now that I do have disposable income and could afford their food I wouldn't go there anyway because there are way better options for the same price.
I think they've realized that they've successfully trained poor people to not know how to cook and then there aren't any options left if they all band together.
I wonder if there’s software that makes pricing cartels easier to form now.
Banding together is supposed to be economically unstable because anyone who undercuts on price is supposed to capture the market.
Drug cartels can punish defectors with violence. Is there some new mechanism legal businesses are using to punish pricing cartel defectors? Maybe it’s lawsuits?