this post was submitted on 02 Aug 2026
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Work Reform

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[–] gandalf_der_13te@feddit.org 1 points 2 days ago

yeah you're right about your point so far, but this is different. if every grocery store in town were forced to raise prices by 5%, then they could all do it because all their competition does it too.

but if only one store decides to do it, then the customers would change to the other store nearby who offers lower prices.