3 ms·
Serious question. Is there an example of price control that has worked for longer than a handful of years? I’m not aware of any, but I’m also in a conservative
by christophilus 3y ago
Serious question. Is there an example of price control that has worked for longer than a handful of years?
I’m not aware of any, but I’m also in a conservative bubble.
- yxhuvud 3y agoYes. For example EU have eliminated excessive roaming charges between telephone operators in the EU. That brought down costs for consumers by multiple orders of magnitude. In practice, price controls can work well when there is no efficient price competition.
- phatfish 3y agoAnd most mobile phone operators in the UK put back roaming charges as fast as they could after Brexit. So you know they were screwing everyone over.