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Well… for one, your competitors would have an instant marketable advantage over you. What “the market will bear” isn’t what you think it is. Mars and Hersey an
by SV_BubbleTime 2mo ago
Well… for one, your competitors would have an instant marketable advantage over you.
What “the market will bear” isn’t what you think it is. Mars and Hersey and … idk is there another candy company?… don’t meet in a smoke filled room figuring how best to make you poor and fat. “What the market will bear” in a free market much more means what you can offer as a value before you introduce a opportunity more competition or an alternative to your product.
If your industry does meet in a smoke filled room, that is neither capitalism nor a free market.
I suggest everyone read Sowell’s Basic Economics at least once as an adult.
- anon48293 2mo ago> Mars and Hersey and … idk is there another candy company?… don’t meet in a smoke filled room figuring how best to make you poor and fat. That’s exactly what they do. https://www.nbcnews.com/news/world/mars-nestle-hershey-accused-chocolate-price-fixing-conspiracy-canada-flna6c10238435 https://www.nbcnews.com/news/world/mars-nestle-hershey-accus... > If your industry does meet in a smoke filled room, that is neither capitalism nor a free market. Yes it is, which is why you need regulation and law enforcement.
- gaze 2mo agoWho said anything about trying to make anyone poor and/or fat? I’m saying they try to maximize profits. Why does the room have to have smoke in it? They meet in a room — and now you’re doing “no true Scotsman”