Look, someone else pointed out that the technology wasn't even developed by Samsung. Another company could come along and produce a similar good for those who didn't wish to pay such a price.
Profits are never unreasonable. And consumers have no right to be sold a specific product. Each and every sale is an agreement between the buyer and the seller. If the consumer does not want a good at a price, they won't buy it. Monopolies have never existed to the point at which people whine about them. Oil is expensive due to foreign imports and restricted domestic drilling.
Capitalism is not necessarily competition. What you call a monopoly had to get there somehow, probably by competitive practices and superior goods.
Are you all mad? It is Samsung's right to increase prices if they wish. Even if they control a specific technology, it was their development and capitol which achieved this. Price control works both ways, companies increase while the government caps. You all are so blinded by the mere chance that you could see some cash to realize that the government is limiting the sucess of our economy. When one of you create a company with its own technology , will you then be in favor of the feds denying your reward on investment?
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Look, someone else pointed out that the technology wasn't even developed by Samsung. Another company could come along and produce a similar good for those who didn't wish to pay such a price.
Profits are never unreasonable. And consumers have no right to be sold a specific product. Each and every sale is an agreement between the buyer and the seller. If the consumer does not want a good at a price, they won't buy it. Monopolies have never existed to the point at which people whine about them. Oil is expensive due to foreign imports and restricted domestic drilling.
Capitalism is not necessarily competition. What you call a monopoly had to get there somehow, probably by competitive practices and superior goods.
Are you all mad? It is Samsung's right to increase prices if they wish. Even if they control a specific technology, it was their development and capitol which achieved this. Price control works both ways, companies increase while the government caps. You all are so blinded by the mere chance that you could see some cash to realize that the government is limiting the sucess of our economy. When one of you create a company with its own technology , will you then be in favor of the feds denying your reward on investment?