this post was submitted on 08 Aug 2024
81 points (100.0% liked)

Technology

921 readers
27 users here now

A tech news sub for communists

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] bennieandthez@lemmygrad.ml 8 points 1 month ago

Its monopoly rent, remember that these industries were propped up by VCs and ran on losses for a long time. So now its time for VCs to make a ROI, thus prices are higher than they should be.