4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
I understand that our economy prices are set on supply and demand but no one likes a cock blocker. Monopolies are illegal for many reasons. If you let some get way with it then many will notice and buy them selves a politician too. Oh wait, that would be business as usual. The system is a hot mess these days. It's no wonder the cost of health care is so high and the workers are so low payed. I agree it is a game but it has rules. There are loop holes but blatantly breaking the rules has it cost. Work those loop holes like a 10$ hooker but don't blatantly break the rules and then get pouty when you get found out.
If a monopoly sets the price too high, people will turn to substitute goods and they will eventually, because of shrinking demand have to either raise prices (the Apple model) or reduce prices to be competitive with the substitute goods.
Monopoly is a political term more than an economic term.
Fighting "monopolies" buys votes...