> I don't know any company or shareholders that would say no to making more money so if this would actually be true then it would, but that's not the reality.
I've never quite understood this sort of thinking. Companies aren't perfect omniscient systems - the people in charge of various companies make poor decisions all the time, based on the same human biases we all have. So yes, it's entirely possible they could make more money that way, but executives simply hear "Lower the price" and run away. I'm not saying that's certainly what's happening, but this implication that a company could possibly only do the thing that's most beneficial to it is... strange, and very common thinking.
I've never quite understood this sort of thinking. Companies aren't perfect omniscient systems - the people in charge of various companies make poor decisions all the time, based on the same human biases we all have. So yes, it's entirely possible they could make more money that way, but executives simply hear "Lower the price" and run away. I'm not saying that's certainly what's happening, but this implication that a company could possibly only do the thing that's most beneficial to it is... strange, and very common thinking.