Sometimes it’s three places. And they all understand that they can charge whatever they want as long as they all (quietly) agree.
Guess what. The cell phone towers they built 10-20 years ago don’t cost anywhere near $40/line to maintain. While working for one I even got an email that said we were raising prices to match our nearest competitor. (Upgrade fees in this case.)
Charge enough you don’t have to worry about repeat customers or word of mouth. Seems the big companies learned this already.
Nah they just bought all competitors so that you only have 1 place to get {product}
Sometimes it’s three places. And they all understand that they can charge whatever they want as long as they all (quietly) agree.
Guess what. The cell phone towers they built 10-20 years ago don’t cost anywhere near $40/line to maintain. While working for one I even got an email that said we were raising prices to match our nearest competitor. (Upgrade fees in this case.)