Razor blade prices were historically inflated by an effective monopoly
Andy Katz-Mayfield · Harry’s Razors: Andy Katz-Mayfield and Jeff Raider · Jun 12, 2023 · at 14:09
Andy Katz-Mayfield, co-founder of Harry's, describes the market dynamic that inspired him to launch Harry's to compete against dominant incumbent razor manufacturers.
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“There is a single player that really dominates this industry. And that was also true of Warby Parker. And one of the reasons why prices were so inflated is that there was effectively a monopolist.”
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