> Their cost to manufacture vs sale price shows a clear ability to price like a monopoly
Again, you are getting confused by branding vs monopoly. They sell luxury goods and can mark them at wild premiums, same as Hermès and Ferrari. None of them are monopolies. Very far from it.
No I’m not. Hermes and Ferrari are one off brands not massive conglomerations of multiple brands. LVMH is also monopoly-like. Ferrari is not even close to 1% of global auto sales, they aren’t moving the market the way Luxottica can. Sure Ferrari has luxury pricing but it’s not boxing you out at Sephora.
Again, you are getting confused by branding vs monopoly. They sell luxury goods and can mark them at wild premiums, same as Hermès and Ferrari. None of them are monopolies. Very far from it.