Comment on US to impose tariffs on Chinese EVs next week
Cris_Color@lemmy.world 6 months agoAllowing a country’s political party to position their industry in a monopolistic way is a bad idea. When one group controls an industry they much more easily exploit their consumers. Encouraging folks to buy ev’s in general is different from undercutting prices to create a dominant position in the market that can be exploited once you have no meaningful competitors
Maggoty@lemmy.world 6 months ago
China is hardly going to be able to under cut the Big 3. Unless they just refuse to come down on their prices. More competition stops monopolistic forces, my the other way around. This narrative has been going around like it auto industry is some mom and pop shop that needs protection from Walmart. In reality they’re the monopolistic force in our market and you can see that by the insane prices they are charging.