That is the point why would any of them lower their price. The stockholders would have none of it. The cost savings is small anyway, 3-5% of retail.
I will will start a manufacturing company when you loan me 50 million.
“That is the point why would any of them lower their price.”
Because, as I said, they would undercut everyone who isn’t and put all of their competition out of business.
“The stockholders would have none of it.”
You think stockholders would balk at increasing their market share to 100%?!?
“I will will start a manufacturing company when you loan me 50 million.”
Ok, forget we are talking about you then. Why hasn’t anybody done this, then? Why wouldn’t a single company take advantage of such a ripe opportunity to liquidate all of their competition?