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It’s called regulatory capture. They have a monopoly here, so they can just raise their prices until the pain threshold starts diminishing their returns noticeably then dial it back a notch.
Can confirm.
Pro-Tip: If you’re already signed up for prime, you can go to your membership details and cancel auto-renewal OR they allow you to cancel now and will refund whatever they owe you before the renewal date.
It’s called regulatory capture. They have a monopoly here, so they can just raise their prices until the pain threshold starts diminishing their returns noticeably then dial it back a notch.
A fascinating aspect I hadn't considered. Thanks for sharing.
and another, more advanced design: https://youtu.be/Gdt_RMz8crc
I probably had only around 70 subs in my list of Reddit. On lemmy, I have 274.
Nope. I spend significantly more time, attempting to engage and energize this community. :)