this post was submitted on 27 Sep 2023
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[–] BraveSirZaphod@kbin.social 1 points 11 months ago

Absolutely, and for products and markets that are essentially necessary to life, there's a much stronger case to be made for strong regulation since the potential for exploitation is much higher (the nightmare that is the entire healthcare industry exemplifies this perfectly, since market forces don't work well when you're unconscious or will otherwise die).

But for luxury items, which high-end smartphones undoubtedly are? Yeah, consumers can take a little bit of accountability.