> In general I do not understand how auctioning for a thing with fixed cost aligns with the principles of free market. Simple: the 'free market' exists to maxi

> In general I do not understand how auctioning for a thing with fixed cost aligns with the principles of free market. Simple: the 'free market' exists to maximize the price for a given good or service with respect to the demand for such. That's really the whole story here. > Imagine apple every year introducing the new iPhone without a price and when you go to the cart it asks for your credit limits before it creates a unique price that magically matches exactly your credit limits. This is how sevreral 'free' markets work already. Anything involving credit or finance, real estate. It is a grave mistake to assume that the actions of a free market have anything whatsoever to do with what is morally right, or even what is legal. The market makes line go up and that is the only thing it cares about. Capitalism does not give one good goddamn about who or what it may hurt, it can only ever consider the bottom line.