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> I don’t want nor do I expect any governmental response to this market failure. Why is it a failure? Price? Quality? Something else? I'm not convinced this is
by brucephillips 9y ago
> I don’t want nor do I expect any governmental response to this market failure.
Why is it a failure? Price? Quality? Something else? I'm not convinced this is a problem.
- CaptSpify 9y agoHow do you not consider people being openly lied to and manipulated on a daily basis anything other than a failure?
- brucephillips 9y agoI never said I did. What on earth are you talking about?
- CaptSpify 9y agoThat is what advertising is in it's current state. You said you don't see that as a failure
- brucephillips 9y agoNo, I didnt. I said I don't see the duopoly as a failure. Not all aspects of the current advertising industry are necessarily a consequence of duopoly.
- f00_ 9y agomarket participants not taking externalities into account. i.e. this transaction benefits both you and me, but doesn't take into account the effect of the transaction on the environment/others
- brucephillips 9y agoWhat do externalities have to do with duopolies?