Quote:
Originally Posted by stonetools
Hey, if you are right on that, then why worry about publisher "price fixing" cartels? That's SOO 19th century! Obviously, there's no need for government intervention there, right? And no need for an open Internet policy,either, because we can trust Comcast and the cable companies not to throttle the competition. As for those consumer-friendly mobile carriers....
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Because, price gouging by one player is not necessarily illegal unless there is an abuse of a dominant position. If Amazon starts raising prices, the response would be competition.
Price fixing (agreeing on pricing by competitors) is illegal always and should be punished under the law because it prevents competition from working.