3 ms·

I agree there would still be problems, but it would be obvious what is going on and would allow services to compete on those terms. Right now there is no compe

• paulmd 3y ago
  Making companies put it in plain terms that they’re forcing you to abdicate any right they can make you abdicate doesn’t automatically make competition appear. The market doesn’t work like that. People primarily buy on cost, they’ll buy whatever is $10 cheaper. And in a truly efficient market this would be passed along to the consumer and people would buy the one that’s cheaper with worse tos - just like people buy ad-loaded smart tvs instead of a premium one with no telemetry or smarts or a tos attached. Regulation is the only thing that’s gonna get you there. Contracts of adhesion are not gonna go away on their own unless you outlaw them. The market isn’t efficient like that, even if it were the efficient scenario is likely there one favoring cheapness and contracts of adhesion over consumer friendly behavior, and the behavior is unconscionable anyway. Just outlaw it. The libertarian take on regulation is wrong, there’s a reason the EU does its consumer regulation with regulations and not with labeling. And in this case it’s actually contract law that is being warped by anticompetitive participants so you’d really think even the libertarians would be on board. A contract without consideration is not a contract, literally. And “we’re not going to let you use the good/service that you already paid for” is not a consideration, it’s blackmail and strongarm robbery.