{"items": [{"author": "Alex", "source_link": "https://plus.google.com/100936518160252317727", "anchor": "gp-1328799525512", "service": "gp", "text": "There's a big difference between raising prices and merely not lowering them further, in the same way there's a big difference between making your product worse and merely not making it any better. I call shenanigans.", "timestamp": 1328799525}, {"author": "Jeff Kaufman", "source_link": "https://plus.google.com/103013777355236494008", "anchor": "gp-1328800101821", "service": "gp", "text": "@Alex\n Imagine if a cloud hosting provider started offering their services very cheaply and drove everyone else out of business. Then, as computers continued to get cheaper they continued to charge the same prices (per GB of storage etc). While it's true they \"merely didn't continue to lower prices\", they went from selling below cost to selling well above cost.\n
\n
\n(The barriers to entry in cloud hosting are so low this would be a dumb strategy, so this isn't a great example.)", "timestamp": 1328800101}, {"author": "Alex", "source_link": "https://plus.google.com/100936518160252317727", "anchor": "gp-1328800650636", "service": "gp", "text": "I think that would be a lot less bad than suddenly charging more once there are no other options. Kodak specialized in making film super cheap while charging as much for it as ever, even as they came to dominate the market. I don't think anyone would call them evil for doing that.", "timestamp": 1328800650}, {"author": "Jeff Kaufman", "source_link": "https://plus.google.com/103013777355236494008", "anchor": "gp-1328800768336", "service": "gp", "text": "@Alex\n What if Kodak had kept their prices the same after dominating the market, but switched to inferior quality?", "timestamp": 1328800768}, {"author": "Alex", "source_link": "https://plus.google.com/100936518160252317727", "anchor": "gp-1328800891715", "service": "gp", "text": "@Jeff Kaufman\n I think that would be bad. My point is that it's unfair to compare \"status quo\" in one dimension to \"strictly worse\" in another dimension.", "timestamp": 1328800891}, {"author": "Jeff Kaufman", "source_link": "https://plus.google.com/103013777355236494008", "anchor": "gp-1328801468236", "service": "gp", "text": "@Alex\n Makes sense. I just edited the post to remove \"or stop improving it\" and make the parallel stronger.", "timestamp": 1328801468}, {"author": "Alex", "source_link": "https://plus.google.com/100936518160252317727", "anchor": "gp-1328801784763", "service": "gp", "text": "@Jeff Kaufman\n Thanks! It's an interesting analogy.", "timestamp": 1328801784}, {"author": "Mac", "source_link": "https://www.facebook.com/jefftk/posts/152898074828290?comment_id=153007284817369", "anchor": "fb-153007284817369", "service": "fb", "text": "If their product became too expensive for product delivered, competitors would re-enter the market. If there are major barriers to entering the market, like capitalizing a car plant, they would not have chosen to go out of the business in the first place.", "timestamp": "1328806198"}, {"author": "Michael", "source_link": "https://www.facebook.com/jefftk/posts/152898074828290?comment_id=153037441481020", "anchor": "fb-153037441481020", "service": "fb", "text": "Classic monopolistic activity.", "timestamp": "1328809332"}]}