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A. They would find out for the same reasons people find out
Posted on: November 25, 2016 at 09:51:52 CT
ummmm MU
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today, because their pricing would become suspicious. Also, in a freer market, consumers might demand that products be stamped with the approval of certain private watchdog firms. As part of the demand for that stamp, private industries may voluntarily agree to open up their productive processes to the watchdog agencies in hopes of getting the stamp of approval.
B. "If the product was such that it was needed" -- if it was one of these products, then I refer to my other post in this thread, where I indicate that above-market pricing would be undercut by other companies charging a closer to market price and reaping great profits in doing so. The problem with your fear of predatory pricing, is that there is not a single historical example ever of this scheme both existing and working. Feel free to prove me wrong on that.
GAT... your analysis is shallow. And you have still not indicated the nature of the notable aspects of your benevolent dictator's commercial framework.
B. "If the product was such that it was needed" -- if it was one of these products, then I refer to my other post in this thread, where I indicate that above-market pricing would be undercut by other companies charging a closer to market price and reaping great profits in doing so. The problem with your fear of predatory pricing, is that there is not a single historical example ever of this scheme both existing and working. Feel free to prove me wrong on that.
GAT... your analysis is shallow. And you have still not indicated the nature of the notable aspects of your benevolent dictator's commercial framework.
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A. They would find out for the same reasons people find out - ummmm MU - 11/25 09:51:52