

For Google IoT devices specifically, I own a Google nest thermostat, doorbell camera plus some other Google products over the years. I can honestly say they might have a better chance by themselves than as part of Google. I actively avoid them now.
They’ve become very laggy, cloud dependent (I suppose that one is on me) and in some cases unsupported as they age. Seeing the direction of things with their app store being actively hostile toward individual developers solidifies that they are a declining company from the perspective of enthusiasts.
Personal opinion: Because some food should not be that cheap. It’s part of the reason we are so fat in the US (plus car centric cities). Subsidies keep some things like corn artificially low and they end up being hammered in into every product (biodiesel, sweeteners, animal feed, etc.)
With that setup, companies have learned to use those subsidies and other workarounds and loopholes to maximize profit at the expense of the product being output and we fall for it every time.
Edit: plus the usual smoke screen if using some events like COVID to jack prices up, increase executive pay and acquire smaller companies to artificially set the price in some instances.