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Old 07-28-2014, 10:51 AM   #309
HarryT
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Quote:
Originally Posted by Ralph Sir Edward View Post
That still doesn't prevent the market failure. Anything that prevents a producer and a willing customer from making a commercial transaction (to their mutual economic benefit) is a market failure.
But was this a market failure? Perhaps there was a video streaming service in Germany that she could have subscribed to? (I don't know the answer to that.) The fallacy lies (IMHO) in assuming that buying streaming rights in one country should give you world-wide access. Streaming services would have to charge a lot more than they currently do to be able to sell world-wide rights.
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