this post was submitted on 01 Aug 2026
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[–] NikkiDimes@lemmy.world 9 points 1 month ago (1 children)

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.

[–] Coke@lemmy.zip 0 points 1 month ago (1 children)
[–] NikkiDimes@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

Yes, it absolutely does, which is why when self driving cars become the norm, delivery will not magically be super cheap.

Maybe for a short period it'll be cheaper, but prices will absolutely stabilize to maximize profit.