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Lots of countries have laws like that, not only Switzerland, but they are hardly ever enforced because it would make people very upset. Way too many things are
by origin_path 4y ago
Lots of countries have laws like that, not only Switzerland, but they are hardly ever enforced because it would make people very upset. Way too many things are priced below production cost like e.g. the web browsers we're using to have this conversation.
Also, although this article describes Uber as a transfer of money from "labor to capital", in reality it's been the other way around. Uber and the like have been massive transfers of money from capital to labor - that's exactly why they're unprofitable. They pay labor more money than they get from customers and make it up from investor cash. This sort of thing is very popular with voters, even if the more astute may think about the longer term effects on competition etc, most don't care. What they see is that they can order a really cheap taxi ride via a nice app, and if the government demanded it be profitable, that wouldn't exist.
Don't under-estimate how much people love free/cheap stuff. Market dumping is bad in the long run but imagine what would happen to the software world if these laws were actually enforced. Open source would probably be made illegal!