“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?
On average labor is about 8% of the retail price, and that is the high end for union labor.
These companies are increasing their profit bottom lines, they wouldn't do it to keep the same profit level. I would be pointless.