2 ms·
>The private company would also price gouge because they would also be a monopoly - only you would not be able to lobby the private company and vote for a diffe
by logicchains 11y ago
>The private company would also price gouge because they would also be a monopoly - only you would not be able to lobby the private company and vote for a different one...
They needn't necessarily be a monopoly; there's nothing stopping multiple certification companies coexisting. Providing certification is not a natural monopoly.
- dmix 11y agoCompeting with the government who can put the non-accredited businesses in question out of business or fine them a large amount of money is not fair competition for any private company... so that naturally leads to a monopoly as the OP points out.
- thrownaway122 11y agoSee my other post.
- anigbrowl 11y agoConsumers don't know which certification is worth what. If you run a business you're always getting calls from bullshit consumer certification companies trying to extract money from you by playing on your anxiety about which recommendations consumers trust.