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this post was submitted on 10 Aug 2025
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Yeah, wouldn't it be amazing if for example Apple has the monopoly on the smartphone market, so your purchasing decision would be to buy an iPhone, or a slightly larger iPhone? And they would have no competition - which is the definition of a monopoly - so they could price them at whatever they wanted to, they could even make the American iPhone a reality, because let's be real, it's kinda hard to function without a phone these days so who cares if it costs $5k, you can just sell a kidney, right? You got two of 'em.
Monopolies are such a great thing for consumers :)
(Please don't sell a kidney for an iPhone, it's a really bad decision.)
That story is really sad. To me it seems like a failing of the parents/education system to not teach the son who was 17 that selling a kidney is a bad idea.
That is what the tariffs are for and Apple has promised to invest a shit ton of money into manufacturing those phones here... so they can raise the prices to the ceiling of the tariffs imposed on China, India, Thailand, Indonesia ... etc. There are no other smart phones manufactured in the US so they will effectively... have a monopoly.