The incentive here would be that a new company could sell far more fridges when reasonably prices compared to their competitors and take all of their market share
But yes of course govt regulation is required when there is actual price fixing going on. I’d also like to know the alternative way of pricing goods/services from people with the alternate view
I’m not sure I’d agree that corporate ownership is necessarily bad If you want to rent an apartment because you don’t want to buy into a co-op then how do you go about this? Someone needs to own the apartment to rent to you Personally I don’t mind if that initial investment comes from a person or a corporation
Who are you paying? Other owners of the apartment? So they put in extra up front so they can rent to you? If so do you get to pay back their initial investment over time? If it’s non profit does that mean they can’t take anything in excess of what they paid or do they get payed x amount over the top?
I’m fine with co-ops generally but when it comes to rentals I just don’t see how you’d make a “not for profit” rental But I mean if someone wants to set one up and prove me wrong that’d be cool. In theory nothing is stopping them
The point being that if company A cuts their price to compete, and company B has an artificially inflated price
Now we have company B with no sales, and are forced to match or beat their competitor
Repeat until the price is fair. This breaks if both companies are co-ordinating with each other and forcing all other competition in line. But that’s a crime and would be regulated
Australian lawmakers have banned the performance of the Nazi salute in public and outlawed the display or sale of Nazi hate symbols such as the swastika in landmark legislation that went into effect in the country Monday. The new laws also make the act of glorifying OR praising acts of terrorism a criminal offense....
It's just business (lemmy.world)
Australia bans Nazi salute, swastika, other hate symbols in public as antisemitism spikes (www.cbsnews.com)
Australian lawmakers have banned the performance of the Nazi salute in public and outlawed the display or sale of Nazi hate symbols such as the swastika in landmark legislation that went into effect in the country Monday. The new laws also make the act of glorifying OR praising acts of terrorism a criminal offense....