What a nice fantasy world you live in.
Netflix has plenty of competition in the streaming market and is doing their best to reduce how much they pay to Apple. Lower prices for consumers? Nope.
Walmart, Target, Home Depot, Lowe's, etc...plenty of competition between them. Skyrocketing profits and running their stores on skeleton crews so they can cut costs. Lower prices for consumers? Nope.
Healthcare! Organizations constantly trying to find ways to cut costs. Reduce staffing and cut pay to those who are left, so they can reduce costs. Lower prices for the patients? Nope.
Airlines! You have plenty of options for who to fly with! Skyrocketing profits while cutting costs. Lower prices for flyers? Nope.
Yes, in my "fantasy world," I can compare prices for the same items available at Walmart, Target, HD, Lowes, etc and then take advantage of the lowest price offer. Amazon is also a good one to mix into that shopping... as is countless other competitors discoverable via tools like Google Shopping. Consider this great consumer flexibility vs.- say- ceding all retail to any
one of them so they have no natural drive at all to lower prices and cut their own "another quarter of record revenue & profit" throats.
You are confusing inflation with competition. Inflation may indeed drive all prices up over time but robust competition will make it possible to find whatever you want to buy for less from one competitor vs. many others. Most of us do this with just about every transaction... even buying gas for our cars to save a few pennies per gallon.
Airlines: Same. Use Kayak, Orbitz, etc to find your desired flight at the least cost among many airlines that fly that route... VS.- say- ceding it all to only- say- Delta and then, with zero competition, Delta can charge any price they like: "If you want to fly, you pay this ONE price. Else, walk or drive or sail."
Healthcare: if you need some procedure, you certainly can shop around among many service providers to find a lower price vs. any given single price. Consider this vs. a SINGLE provider of healthcare with no competition at all. Why should prices ever be challenged? Example: there is a robust business on the Mexico side of the southern border for quality dental services. You can shop around in America to find a crown or two priced anywhere from $1K-$2K or more from many competing American-based dentists. Or head for California, Arizona, New Mexico or Texas, take a dental day across the border and get the
same procedure done for much less. No competition will make those crowns cost ONE (high) price. Competition presents many options to get the
same result.
Where I'm with you is feeling aggravation at the parts of your post beyond the inflation part... that is the "profiteering" coming with margin expansion by working costs down while preserving or raising prices (and blaming inflation, supply chain, etc). Of course, a certain favorite company is not exactly excluded from such activities too... in fact, they have some of the largest margins of most companies... and they are
fattening year over year. How much is Apple RAM vs. competitive RAM? How much is Apple SSD vs. competitive SSD? Remember when we spun "Since Apple won't be paying the Intel premium anymore, Macs can be cheaper!" Where are those cheaper Macs? Meanwhile, quarter after quarter it's "another record quarter of revenue & profit."
Competition brings competitive pricing. No competition does not. It is always this way and will likely always be this way until Sci-Fi tech developments perhaps gets us to a point where concepts like money, etc can no longer matter.