They have a long history of creating shortages or long queues wherever they've been tried. The only way to bring down prices is to remove barriers to supply, su

They have a long history of creating shortages or long queues wherever they've been tried. The only way to bring down prices is to remove barriers to supply, such as excessive regulation, and to encourage investment. Forty Centuries of Wage and Price Controls: How Not to Fight Inflation [0] tracks the history of wage & price controls from Hammurabi's Babylon, Diocletian's Rome, Ancient Egypt, and down to modern-day examples. The book has dozens (if I remember correctly) of examples of price controls never working, explained carefully in detail. It's an extremely interesting and carefully argued book with a lot of objective evidence. My comment isn't directly related to the Apple situation but to the failed history of price controls. [0]: https://cdn.mises.org/Forty%20Centuries%20of%20Wage%20and%20Price%20Controls%20How%20Not%20to%20Fight%20Inflation_2.pdf https://cdn.mises.org/Forty%20Centuries%20of%20Wage%20and%20... (PDF)