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nok22kontoday at 4:32 PM1 replyview on HN

basic supply/demand

demand moves to cheaper providers, they ran out of capacity and increase price

literally why "commodities" are "commodities" - the more interchangeable a product is the more exposed it is to supply/demand mechanics


Replies

xnxtoday at 5:05 PM

Agree. The less "stuck" a customer is to a given provider, the more that prices should equalize between providers.