5 ms·
They have to pass a law preventing marketplaces from mandating prices on other marketplaces - this is straight out consumer hurting uncompetitive behaviour 101%
by reader_mode 5y ago
They have to pass a law preventing marketplaces from mandating prices on other marketplaces - this is straight out consumer hurting uncompetitive behaviour 101% when coupled with large market makers - governments are supposed to deal with this shit in the interest of consumers.
- dannyw 5y agoUnfortunately, the Supreme Court recently ruled in favour of American Express, saying businesses are not allowed to pass higher charges of accepting AmEx to consumers with a surcharge. (AmEx's agreement forbids merchants from charging a surcharge). While not directly analogous, the Supreme Court believes that agreements by duo/tri-poly players mandating businesses charging specific prices (or the lack thereof), don't cause consumer harm.