Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The wikipedia quote doesn't seem to support your point, though.

It specifically lists "price-setting monopolies" and the like (which would include price-fixing agreements between Google & Apple, right?) as interference in a free market. Prices must be set freely by consent between sellers and consumers, not amongst sellers in backroom deals.

If a government's only "regulation" is to stop monopolies, price-fixing, and other violations of the natural supply/demand pricing, then you have a free market.

If no one stops those things, then you do not have a free market.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: