• MehBlah@lemmy.world
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    18 hours ago

    Memory is high because there is nothing preventing them from charging anything they want above and beyond the cost of manufacture.

    • FauxLiving@lemmy.world
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      18 hours ago

      Yes, that would be true if they had a true monopoly.

      However, in an open market when a producer offers their goods for higher than the market rate, another producer can steal their business by simply offering the products at market rate. If Samsung decides to try to price gouge then customers can buy RAM from Micron, the only time that this isn’t possible is if there is more demand than their is supply (i.e. Micron has no stock) in which case, microeconomics tells us that the market price will increase.

      • MehBlah@lemmy.world
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        18 hours ago

        How naive to think they all wont do the same thing when their only goal is profit.

        • FauxLiving@lemmy.world
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          18 hours ago

          Now you’re suggesting a price fixing conspiracy among the two largest RAM producers, that’s quite a big claim so you surely have pretty solid evidence to support that position.

          Being cynical isn’t evidence and calling people names isn’t evidence.