>It’s a fantasy that this law is going to make prices go down. The Nobel prize in 2001 was awarded to 3 economists (including Joseph Stiglitz) who characterize

>It’s a fantasy that this law is going to make prices go down. The Nobel prize in 2001 was awarded to 3 economists (including Joseph Stiglitz) who characterized market inefficiencies driven by asymmetric information. The price of a good or service is one of the most fundamental units of information in economic exchange. The idea that the normalization of hidden fees will not cause prices to go up for consumers (and other negative outcomes) is a more than a fantasy, it is at odds with the fundamental nature of economic activity.