> As opposed to what, them normally not trying to increase profits?
yea, actually that.
i dont think it would be unprecedented if some companies said "hey we are making a healthy profit already, so in order to not harm our customers we'd like to keep prices as they are or reduce them if possible"...
>i dont think it would be unprecedented if some companies said "hey we are making a healthy profit already, so in order to not harm our customers we'd like to keep prices as they are or reduce them if possible"...
It won't be unprecedented that a few companies (especially founder/family controlled) showed alturism like this, but I'd be very surprised if a publicly held company straight up told its shareholders that it was going to kick back and relax this quarter because things are already pretty good.
> a publicly held company straight up told its shareholders that
the pressure to do the opposite (of just raising prices whenever opportune etc) would be much higher for sure and the usual incentives for cxo's are usually against that as well.
that being said communicating with investors what kind of company they are investing in and that they value long-term value than short term squeezing of customers is all valid and fair imo...
i dont think it would be unprecedented if some companies said "hey we are making a healthy profit already, so in order to not harm our customers we'd like to keep prices as they are or reduce them if possible"...