You are viewing a single comment's thread from:

RE: Price Gouging explained. And why some think it's actually a good thing!

in LeoFinance4 years ago (edited)

But that's just a case of the government trying to ineffectively solve a problem it creates. I would argue that cartels wouldn't exist in a significant manner unless helped by government. Relaxing IP law would probably be a better solution. Even laws preventing collusion would be better than price controls (and such laws already exist).

Sort:  

Yeah, now that you mention it, a more direct way to prevent collusion is preferred rather than a roundabout one.

I just can't say that fewer Intelectual Property laws would lead to fewer cartels, just to less innovation.

Posted Using LeoFinance Beta