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This seems like a pretty typical political response to cyber problems. Props to the MPs that saw a problem here but their unfamiliarity with the problem domain
by whatatita 6y ago
This seems like a pretty typical political response to cyber problems. Props to the MPs that saw a problem here but their unfamiliarity with the problem domain has lead to a pretty shoddy bill.
I agree that price gouging is a problem and that mass-purchasing for that reason is an issue. There are better solutions though, surely.
- whatatita 6y agoAnother solution that comes to mind is to remove the ability to resell newly released items within a period after their initial release. The first few weeks after initially going on sale is the time where an item is still highly coveted and the manufacturer doesn't have the capacity to create more. In that same window, bulk-purchasers cannot often afford to sit on the item for weeks on end. If they made it illegal to - for example - resell an item fro more than 10% higher than the retail price within the first 3 months, most price gougers wouldn't be able to afford it.
- whatatita 6y agoYou could also impose a limit on the number of items a person can buy by law - similar t some shops do to try to stymie selling out of highly coveted items. They could impose a maximum of 3 purchases per person. Then shops and payment processors would have to enforce this rule.