No competition? Where on earth did you get such an idea? Well over a dozen manufacturers make blu-ray players. They all want to sell as many players as possible which means they were very much in competition.
DVD was a single standard too. And DVD prices came down from their initial premiums it in spite of no “competitor”. An industry standard (Blu-ray, DVD, VHS, LP’s, etc) and a monopoly are two very different things.
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No competition? Where on earth did you get such an idea? Well over a dozen manufacturers make blu-ray players. They all want to sell as many players as possible which means they were very much in competition.
DVD was a single standard too. And DVD prices came down from their initial premiums it in spite of no “competitor”. An industry standard (Blu-ray, DVD, VHS, LP’s, etc) and a monopoly are two very different things.