I think, if I understand US law correctly, not a legal choice to publically traded companies.
Comment on Sony is raising all PS5 console prices in the US by $50, starting tomorrow
SoftestSapphic@lemmy.world 22 hours agoThere is also the choice if making less money that companies are allowed to make.
A company that is profitable will still be profitable if they make a tiny bit less profit.
But that’s not even seen as an option anymore. The idea that a company should shoulder the cost of anything instead of the consumer is crazy to us.
Semjaza@lemmynsfw.com 14 hours ago
SoftestSapphic@lemmy.world 14 hours ago
This is true
Dodge vs Ford Motor Company started us down that road to our current shareholder economy
Decq@lemmy.world 18 hours ago
Why would they take a hit for something the US population voted for themselves? That makes no sense.
SoftestSapphic@lemmy.world 14 hours ago
Why would businesses shoulder the burden of economic downturns when they have the option to force poor people to pay for it?
Yeah that’s the question
I struggle to shed a tear for souless corporations
Decq@lemmy.world 7 hours ago
I don’t shed tears for soulless corporations either. But i also don’t shed tears anymore for a populace that systematically votes for self-harm either.
PhAzE@lemmy.ca 19 hours ago
Why would they make less money just so someone else can pocket some of it? Raising prices is the only and proper business decision to this.
SoftestSapphic@lemmy.world 14 hours ago
So they lower prices when the economy is doing better right?
skisnow@lemmy.ca 13 hours ago
[deleted]SoftestSapphic@lemmy.world 11 hours ago
Wow you are a weird ass troll
mogranja@lemmy.world 19 hours ago
And to top it off, if the tariffs went away in 3 months, would they lower the price back down?