3 ms·

...and incentivising brick & mortar to raise prices? This is such a bad idea. The solution to price-gouging is a free market - not closing the market.

• falcrist 7y ago
  Retail establishments don't usually gouge nearly as deep as eBay sellers. Also, the free market is why price gouging exists. It's a natural consequence of supply and demand coupled with speculation. The only solution the free market offers is that people don't support price gouging via resellers... Which is what eBay is avoiding doing.
  • pgt 7y ago
    The free market solution is to raise prices to the market-clearing price.
    • pgt 7y ago
      Actually, the free market solution is to invent a cheaper product that scales better and outcompetes the incumbent.