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Your comment shows an ignorance of how prices work. Companies cannot arbitrarily set whatever price they want.
by ancap 11y ago
Your comment shows an ignorance of how prices work. Companies cannot arbitrarily set whatever price they want.
- deciplex 11y agoSure they can, it's just that in a healthy competitive market no one will buy what they're selling if they price themselves out. In an unhealthy market, however...
- mangecoeur 11y agoNo, but they will set the highest price the market can bear. It appears people are willing to buy bottled water at around 1000x the price per unit volume compare to tap water, so given a free reign companies would sell as much water as bottled water at that price as they could. This is actually happening in California with Nestle's bottling operation where the oversight of their water use has been very lax.
- bradleyjg 11y agoYou are being manipulated by a PR campaign. Nestle draws ~2000 acre-feet a year. It's a rounding error. Same thing with shutting off the water while you brush your teeth, restaurants not serving water until you ask for it, and so on. The uses that matter are agriculture, agriculture, agriculture, industrial (e.g. power plant cooling towers), and far off in the distance outdoor domestic / commercial use (pools and lawns). (Also, if you consider it a 'use' - not draining every river in the state, but rather allowing some of them to continue to be rivers. This is the so-called environmental use.) When you bring up red herrings about poor people dying of thirst because rich techies are buying bottled water from nefarious companies stealing public water, you are being a patsy of BigAg.