Yeah, Price Controls ARE very hard to implement! I think they still have a place in preventing cartels from just increasing prices for no reason, but when it comes to disasters there are better tools, like focusing on emergency response and making sure people are at least hot and fed.
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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).
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.
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