Only when the technology's output is limited. When it makes enough to supply all that then there's no reason to limit it so long as there is demand at a profitable price point. If your cost to produce is $3 and you can sell it from anywhere between $4-$18, yeah you're gonna sell at $18. But there's limited demand there.

Plus like, you can't do barbacoa with ribeye. Or pot roast. Beef burgundy, shredded Italian beef..... These are all independently delicious and not just things people eat because they can't afford ribeye.

I guess we might lose out if lab grown meat gets popular enough to fuck up current meat industry but can't scale enough to make the cheap cuts profitably or can't figure out how to make cuts full of connective tissue properly.