5 ms·
Feels like a step in the right direction. But we've already got geographic monopolies in many cases - you can't just decide to go ten more miles in an emergency
by delinka 9y ago
Feels like a step in the right direction. But we've already got geographic monopolies in many cases - you can't just decide to go ten more miles in an emergency because you know the prices are 15% lower.
However, if a new hospital opens close-ish to an existing one, offers a temporary discount, then the two just keep an eye on each other's websites to maintain the status quo in pricing will offering "competition," now we have a duopoly.
Capitalism will find a way to keep screwing consumers.