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> Anything that provides information makes a market run smoother This is not necessarily true. Market failure can occur due to information which is provided a
by chimpanzee 2y ago
> Anything that provides information makes a market run smoother
This is not necessarily true. Market failure can occur due to information which is provided asymmetrically or which facilitates collusion.
- SR2Z 2y agoYeah, but it's significantly harder to pull off collusion when there's competition. This software is very clearly price-fixing, but in a world with more housing it should be next to impossible to do that effectively.