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Old 05-17-2012, 03:43 PM   #72
Andrew H.
Grand Master of Flowers
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Quote:
Originally Posted by mr ploppy View Post
Unpopular from a consumer point of view, but he's actually right. Without a fixed price, competition will decrease. History shows us that.
Well, yes and no. The number of retail outlets will probably decrease. That doesn't mean that "competition" has decreased, since these retail outlets were not allowed to compete on price. I don't think that 30 bookstores in a city, all of which are required to charge the exact same price for a book (while being able to compete on service), means more competition than 5 bookstores in a city, all of which compete fiercely on price and service.
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