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31 sats \ 1 reply \ @_stacktoshi 20 Aug \ parent \ on: Grocery Store Price Gouging? econ
No, I'm not happy to pay more. I'm just happy to take claims of price fixing with a large grain of salt because the solution is usually involving the authorities, and they're always for sale. It just hurts competition even more. Try actually freeing the market for once.
If the government wasn't taking such a large chunk out of the economy and just getting in the way of just about everything, you'd see a lot more entrants in every industry. The most heavily regulated ones are usually the least competitive (not the only anti-competitive ones - e.g. smartphones, event ticketing, etc.). The regs are typically written in favor of the incumbents.
Did breaking up Standard Oil or Ma Bell harm competition?
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