The Genius of Monopoly Pricing
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Uncover the genius (and dark side) of monopoly pricing! Learn how brands deliberately restrict supply to keep prices sky-high. Understand market power's secret.
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Video Transcript
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Your favorite brands are deliberately keeping products away from you just to drain your bank
account. It is called market power, and it is why monopolies are actually kind
of genius but terrible for us. See, a normal business tries to sell as
much as possible. A monopoly does the opposite. They restrict the supply on purpose.
If they sold too much, the price would drop, and they do not
want that. They calculate the exact moment to stop selling to keep prices sky-high.
That is why concert tickets cost a fortune even when seats are empty. You are not paying
for the product; you are paying for the lack of alternatives.
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